Thursday, 18 May 2017

Asia drops as White House turmoil hits risk sentiment, Dollar bruised

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Asian stocks fell on Thursday in line with global peers, and the dollar nursed deep losses against the yen as uncertainty mounted over US President Donald Trump's future following reports that he tried to interfere with a federal investigation. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 percent. Japan's Nikkei shed 1.2 percent, Australian shares lost 1.1 percent and South Korea's Kospi declined 0.5 percent.

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