Asia shares take a breather, hope for flexible Fed
- Date: 27-Aug-2020
- Source: Khaleej Times
- Sector:Financial Markets
- Country:Gulf
Asia shares take a breather, hope for flexible Fed
Asian shares touched two-year peaks on Thursday in the wake of Wall Street's record run as cheap cash drove up big-cap tech darlings, although Sino-US tensions caused caution to creep in as the session progressed.
MSCI's broadest index of Asia-Pacific shares outside Japan turned flat after earlier reaching its highest since August 2018.
Japan's Nikkei eased 0.4 per cent from levels not seen since mid-February, and South Korea fell 0.8 per cent as a jump in coronavirus cases ended four days of rises.Even S&P 500 futures dipped 0.2 per cent, although that followed five straight sessions of gains.Asian investors turned more circumspect because of the military face-off in the South China Sea, as Washington blacklisted 24 Chinese companies while Beijing
Select Sector 
Select Country 
