Economic news

World stocks slip as optimism fades

World stock sank on Friday after U.S. President Donald Trump stated about possibility of $100 billion of additional tariffs on China imports.

Photo: Reuters

The MSCI World Index dipped 0.15 percent.

Japan’s Nikkei closed 0.4 percent lower at 21,568.

South Korea's Kospi Index lost 0.3 percent and Australian stocks slipped 0.1 percent.

Hong Kong’s Hang Seng Index gained 1.3 percent.

Investors assessed Trump’s latest statement over additional tariffs on China and awaited important U.S. payrolls data.

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