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Asian shares, dollar slip as passage of US healthcare bill doubtful

Reuters  |  TOKYO 

By Lisa TwaroniteTOKYO (Reuters) - Asian shares stepped back from more than two-year highs on Tuesday and the dollar extended losses as passage of a U.S. healthcare bill grew doubtful, and as investors bet the Federal Reserve will be more cautious about raising interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent, a day after scaling its loftiest levels since April 2015.Republican Senators Jerry Moran and Mike Lee announced their opposition on Monday to legislation to dismantle and replace the Affordable Care Act, commonly known as Obamacare, ...

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First Published: Tue, July 18 2017. 09:34 IST