Fading hope of a lasting trade truce hurts Asian shares
Asian stocks edge lower as short-covering has run its course with bond yields under pressure globally
03 July 2019 - 08:00
Tokyo — Asian shares fell on Wednesday as initial enthusiasm over the latest US-China trade truce was overtaken by fresh concerns over Washington’s threat of tariffs on additional European goods.
Global growth concerns also weighed on investor confidence, with South Korea the latest trade-reliant economy to cut its economic growth and export targets, a day after weaker factory readings worldwide...
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