Asian Shares Slip On Trade Worries, Oil Gives Up Some Gains

Asian shares fell on Monday on escalating trade tensions between the United States and major economies while oil prices gave up some of their hefty gains made after major oil producers agreed to a modest increase in production. S&P 500 mini futures eased as much as 0.6 percent in early trade while MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.25 percent. Japan’s Nikkei lost 0.4 percent. The falls were triggered by a report from the Wall Street Journal that U.S. President Donald Trump plans to bar many Chinese companies from investing in U.S. technology firms and block additional technology exports to China. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774