Reported 3 days ago
Asian shares are set for their worst week since April after the U.S. imposed significant tariffs on multiple trading partners, with investors now looking ahead to crucial U.S. jobs data that may influence the Federal Reserve's interest rate decisions. The MSCI index for Asia-Pacific shares fell 1.1%, while South Korea's KOSPI dropped 3.5% as overall market sentiment remained bleak, exacerbated by disappointing earnings from major companies like Amazon.
Source: YAHOO