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Asia shares sluggish as global growth concerns return; ECB meeting eyed

Updated : March 07, 2019 12:49 PM IST

MSCI's broadest index of Asia-Pacific shares outside Japan edged 0.3 percent lower on Thursday, yet hovering not far from its five-month high marked last week, and was up 10 percent year-to-date. Japan's Nikkei average fell 0.7 percent.
Chinese stocks were mixed, with the Shanghai Composite rising 0.2 percent, while the blue-chip CSI 300 and Hong Kong's Hang Seng shed 1.0 percent and 0.7 percent, respectively.
Adding to concerns about the talks was data that showed the US goods trade deficit surged to a record high in 2018 as strong domestic demand fuelled pulled in imports, despite the Trump administration's "America First" policies aimed at shrinking the gap.
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