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Global trade war concerns hurt most S-E Asian stocks; Singapore rises

MSCI's broadest index of APAC shares outside Japan edged down 0.3 per cent

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Us  |  China  |  Global Trade War

Reuters  |  Bengaluru 

The Philippines stocks fell on Tuesday on the peso’s continued slide coupled with renewed trade war concerns, while Singapore extended gains for a fifth session thanks to “window dressing” attempts by portfolio managers ahead of the third quarter close. Broader Asian stocks struggled as the latest round of US-China tariffs revived fears the trade dispute would knock global growth, with neither side looking to be in a mood to compromise. MSCI’s broadest index of APAC shares outside Japan edged down 0.3 per cent. “The failure of China and the US to come to terms ...

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First Published: Wed, September 26 2018. 00:52 IST
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