Economic news

Review: Asian shares tumble as market confidence slumps

Asian stocks retreated on Friday, dragged down by overnight drop on Wall Street.

MSCI's broadest index of Asia-Pacific shares fell 0.5 percent.

Japan's Nikkei slumped 1.2 percent on a firm yen, poised to end the week with a loss of 1.4 percent.

Hong Kong's Hang Seng slipped 0.7 percent, on track for a weekly rise of 1.05 percent.

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