You are here: Home » Reuters » News
Business Standard

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


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 0.2 percent as Pyongyang's move appeared to mark a break in months of warming ties between North and South Korea and with Washington.A cancellation of the June 12 summit in Singapore could see tensions on the Korean ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, May 16 2018. 09:36 IST