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Global Markets: Asia stocks slip to 14-month lows on simmering trade worries

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks slipped to 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent, plumbing its lowest levels since July 2017.Hong Kong's Hang Seng fell 0.5 percent and the Shanghai Composite Index dropped 0.3 percent.Tokyo's Nikkei declined 0.4 percent and Australian stocks gave up 0.1 percent, while South Korea's KOSPI shed 0.2 percent.The mood was dimmed by the verbal sparring between ...

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First Published: Wed, September 12 2018. 08:37 IST