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

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 0.2 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 ...

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