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Asia stocks sag on trade war fears, dollar buoyant

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks remained under pressure on Thursday from fears of an escalation in the U.S.-China trade war, while the dollar stood stall after rallying against its peers amid the turmoil in broader markets.MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.25 percent.The index slumped 1 percent on Wednesday along with a slide in global equities after U.S. President Donald Trump's threat of imposing tariffs on another $200 billion of Chinese goods deepened the trade row between the world's two largest economies.Australian stocks rose 0.35 ...

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First Published: Thu, July 12 2018. 05:56 IST
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