Thursday, 27 April 2017

Asian shares retreat from highs after Trump tax plan

Asian shares ticked down from a nearly two-year high on Thursday after a long-awaited US tax plan failed to inspire investors, though sentiment remains supported by global growth prospects and receding worries about political risks in Europe. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent after hitting its highest level since June 2015 on Wednesday. Japan's Nikkei dipped 0.3 percent.

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