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Asian shares shrug off Trump controversy, look to Yellen

Reuters  |  TOKYO 

By Hideyuki SanoTOKYO (Reuters) - Asian shares steadied on Wednesday after Wall Street managed to weather a fresh twist in the political controversy surrounding U.S. President Donald Trump's administration, while investors looked ahead to Federal Reserve Chair Janet Yellen's comments later in the day.MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent while Japan's Nikkei slid 0.3 percent."Yellen's testimony is the biggest focus. I don't expect shares to move much in either direction ahead of that," said Hirokazu Kabeya, chief global strategist at Daiwa ...

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First Published: Wed, July 12 2017. 06:21 IST
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