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Global Markets: Asia stocks shake off G7 jolt, look to U.S.-North Korea summit outcome

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asia stocks shook off initial modest losses and edged up on Monday ahead of an historic U.S.-North Korea summit that investors hope might pave the way to ending a nuclear stand-off on the Korean peninsula.Stocks wobbled in early trade after U.S. President Donald Trump raised fresh fears of a global trade war when he backed out of a joint Group of Seven communique over the weekend, in a blow to the group's efforts to show a united front.The S&P 500 futures were almost flat after dropping as much as 0.3 percent.MSCI's broadest index of Asia-Pacific shares ...

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First Published: Mon, June 11 2018. 10:39 IST