Tuesday 22 May 2018

Asian shares tentative as Trump tempers Sino-US trade optimism-Sai Proficient

Asian shares edged up on Wednesday but investors were cautious after U.S. President Donald Trump tempered optimism over progress made so far in trade talks between the world’s two largest economies.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.15 percent while Japan’s Nikkei lost 0.2 percent.


On Wall Street, the S&P 500 shed 0.31 percent overnight, losing steam after hitting a two-month high.

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