Asian stocks retreat as China-US jitters set in
SINGAPORE (AP) — Asian shares slipped Wednesday on expectations that a trade dispute between China and the United States would simmer and possibly weigh on growth.
With a lull in economic releases closer to home, investors digested President Donald Trump’s comments that the country was “not ready” for a trade deal with China. Trump spoke to reporters in Tokyo on Monday.
Japan’s benchmark Nikkei 225 gave up 1.1% to 21,020.72. The Kospi in South Korea tumbled 1.3% to 2,021.84 and Hong Kong’s Hang Seng was 0.5% lower at 27,267.94.
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