Economic news

Review: Asian shares pare gains as China’s economic growth cool

Asian shares retreated from decade highs on Thursday after China reported its economy slowed slightly last quarter.

MSCI’s broadest index of Asia-Pacific shares was down 0.1 percent.

Japan's Nikkei jumped 0.4 percent to a new 21-year peak.

Australia’s S&P/ASX 200 Index was unchanged, while South Korea’s Kospi index dropped 0.5 percent.

Hong Kong’s Hang Seng Index lost 0.1 percent and the Shanghai Composite Index sank 0.4 percent.

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