Motilal Oswal
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Motilal Oswal
Currency

Asia shares slip as China's Huawei in legal hot water; focus on Sino-US talks

Updated : January 29, 2019 08:15 AM IST

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.5 percent with Australia's benchmark index down 0.7 percent and South Korea's KOSPI off 0.6 percent.
Investors were nervously awaiting a fresh round of US-China trade talks with Chinese Vice Premier Liu He meeting US officials on Wednesday and Thursday.
Overnight, markets got a reminder of the potentially damaging economic impact of the Sino-US trade war as Wall Street stocks were hit by profit warnings.
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