Asian shares on edge in choppy trading, dollar holds gains

Published by

By Alun John HONG KONG (Reuters) – Asian shares hovered just off six-week highs on Wednesday, as a more risk-averse mood spread into the market from the United States overnight due to worries about slowing growth that hurt equities while helping the dollar firm. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.13% having posted gains, if sometimes small, for 11 of the last 12 sessions. Japan’s Nikkei reversed early losses and was last 0.42% higher after revised gross domestic product growth figures beat expectations for the world’s third-biggest economy. [L4N2Q90R4] Most other…

Read More