Asian markets sag on trade war fears, dollar buoyant
MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.25 percent. The index slumped 1 percent on Wednesday along with a slide in global equities after U.S. President Donald Trump`s threat of imposing tariffs on another $200 billion of Chinese goods deepened the trade row between the world`s two largest economies.
Brent crude rose 0.7 percent to $73.93 a barrel after tanking 6.9 percent overnight. Image source: Reuters