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Global Markets: Asian shares weaken on trade worries, bonds recover as China rebuts report, bitcoin slumps

Reuters  |  TOKYO 

By Lisa Twaronite and Hideyuki SanoTOKYO (Reuters) - The New Year rally in Asian shares petered out on Thursday due to concerns about rising U.S. protectionism, while bonds rebounded after China's regulator said a report about Beijing slowing or halting of its U.S. bond buying was possibly wrong.Bitcoin fell more than 11 percent after South Korea said it was preparing a bill to ban trade in the cryptocurrency.But European stock futures were 0.2 percent higher, portending a brighter opening for the region, with DAX futures up 0.1 percent and FTSE futures up 0.2 percent.MSCI's broadest index of ...

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First Published: Thu, January 11 2018. 13:10 IST