The Asian equity benchmarks are trading in red in the early deals on Thursday with investors treading cautiously amid increased tensions ahead of the next round of US-China trade talks in Washington this week. US President Donald Trump said that China ‘broke the deal’ in the trade talks and so ‘they'll be paying’. The Japanese market is declining for the third straight day on a stronger yen and following the mixed cues from Wall Street.
Nikkei 225 down 229.02 points or 1.06% to 21,373.57, Straits Times decreased 14.38 points or 0.44% to 3,269.46, Hang Seng declined 565.56 points or 1.95% to 28,437.64, Taiwan Weighted down by 161.70 points or 1.48% to 10,762.01, KOSPI Shares dipped 39.03 points or 1.80% to 2,128.98, Jakarta Composite tumbled 38.80 points or 0.62% to 6,231.40, Shanghai Composite slipped by 39.05 points or 1.35% to 2,854.71, and FTSE Bursa Malaysia KLCI down by 11.82 points or 0.72% to 1,621.73.
