Asian shares are steady after trying week
Equities are little changed as investors catch their breath after US-China trade tensions escalate further
20 May 2019 - 08:02
Shanghai — Asian shares steadied on Monday as investors caught their breath following another week of escalating US-China trade tensions, with sentiment turning brighter after the US said it will lift tariffs in North America. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.6%, reflecting modest gains in markets across the region after the broad index finished at its lowest since January 24 on Friday, down 3% for the week.
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