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Asia shares sink to six-week low as clock ticks toward US tariff hike on Chinese goods

Updated : May 09, 2019 10:30 AM IST

Investors were on tenterhooks as they waited to see if Chinese Vice Premier Liu He can salvage a trade deal during two days of negotiations in Washington on Thursday and Friday, after US officials said Beijing had backtracked on earlier commitments.
In the currency market, sterling weakened on signs that Brexit talks between Britain's government and the main opposition party may soon collapse.
The pound fell below the psychologically key $1.30 level, touching a six-day low overnight, and last traded at $1.301 .
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