You are here: Home » Reuters » News
Business Standard

Asian shares steady; euro hampered by Italian political risk

Reuters  |  SINGAPORE 

By Masayuki KitanoSINGAPORE (Reuters) - Asian shares held steady on Thursday, while the euro struggled near five-month lows set a day earlier following a report that Italian populist parties trying to form a coalition could ask the European Central Bank to forgive 250 billion euros of debt.In equity markets, MSCI's broadest index of Asia-Pacific shares outside Japan was little changed, while Japan's Nikkei gained 0.4 percent and South Korea's KOSPI rose 0.4 percent.Worries about political risks had jolted Italian markets and pressured the euro following reports that Italy's ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, May 17 2018. 06:36 IST