You are here: Home » Reuters » News
Business Standard

Global Markets: Asian shares edge down as U.S. yields climb, North Korea suspends talks

Reuters  |  SHANGHAI/TOKYO 

By Andrew Galbraith and Tomo UetakeSHANGHAI/TOKYO (Reuters) - Asian stock markets dipped on Wednesday after Pyongyang abruptly called off talks with Seoul, throwing a U.S.-North Korean summit into doubt, while surging bond yields revived worries about faster U.S. interest rate hikes that could curb global demand.MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent as Pyongyang's move appeared to mark a break in months of warming ties between North and South Korea and with Washington.European shares looked set to open flat to marginally higher on Wednesday and U.S. ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, May 16 2018. 12:35 IST
RECOMMENDED FOR YOU