Economic news

Review: Asian stocks edge lower due to dollar’s strength

Asian shares were mixed in early trading on Thursday as much-anticipated tax proposal from U.S. President Donald Trump helped to boost the dollar.

MSCI’s broadest index of Asia-Pacific shares slumped 0.4 percent to one-month trough.

Japan's Nikkei increased 0.3 percent, following gains on Wall Street.

Australian shares advanced 0.2 percent while South Korea’s Kospi index inched up 0.1 percent.

The Hang Seng Index slipped 0.3 percent while Chinese stock benchmarks hovered.


To leave a comment you must or Join us


More news


Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree