Economic news

Asian shares struggle for direction, trade policies in focus

Asian stocks edged up on Wednesday as investors digested fresh U.S.-Mexico trade agreement and awaited deadline on tariffs with China.

Photo: Reuters

MSCI’s broadest index of Asia-Pacific shares was up 0.2 percent.

Japan's Nikkei added 0.2 percent, set to extend its streak of gains to more than a week.

The Shanghai Composite slipped 0.4 percent and the Shenzhen Composite was down 0.6 percent. Hong Kong Hang Seng index was steady.

South Korea’s Kospi ticked up near 0.1 percent, and Australia’s benchmark index climbed almost 0.2 percent.

In commodity markets, spot gold was trading at $1,203.58 after reaching $1,214.28, its top since Aug. 10. Brent crude futures sank to $75.85 per barrel, while U.S. WTI crude futures slid 6 cents to $68.47

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