Sydney — Asian shares started the week on the back foot as investors were unable to shake off worries about global growth, US politics and the China-US trade war, keeping the safe-haven dollar well bid near a six-week top against major currencies. Chinese shares see-sawed on Monday after they resumed trading following a week-long Lunar New Year holiday. The blue-chip index was last up 0.4%, Australian stocks were down 0.6% while South Korea eased 0.2%. That left MSCI’s broadest index of Asia-Pacific shares outside Japan off 0.1% after it was toppled from a four-month top on Friday. Trading volumes are expected to be light with Japan on public holiday. Investors are now looking ahead to trade talks this week with a delegation of US officials travelling to China for the next round of negotiations. “After we went home on Friday, Asian equities closed the week weaker … reflecting an increased level of apprehension on whether or not the US and China can find an agreement to de-escalate t...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now