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Asian shares pared losses in September on easing trade worries

Reuters 

(Reuters) - Asian shares pared initial losses in September as trade worries eased somewhat to lift the regional assets in the second half of the month. Last month, Washington and Beijing imposed tit-for-tat tariffs on each other's goods, though the immediate tax levels were not as high as initially expected, easing fears of a sharp, sudden shock to global growth and lifting stock markets.The MSCI Asia-Pacific index fell 0.15 percent last month, after a 0.83 percent decline in August.Philippine stocks topped regional loss makers last month, falling 7.37 percent, followed by India which fell ...

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First Published: Mon, October 01 2018. 12:44 IST
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