Asia shares slip, yen weak on stimulus expectations

Asia shares slip, yen weak on stimulus expectations
 

TOKYO Asian shares got off on the back foot on Friday, while the yen nursed losses as traders wagered the Bank of Japan will add to its massive stimulus before too long.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.3 percent in early trade, on track for a weekly loss of 0.4 percent.
Major U.S. stock indexes closed mixed on Thursday, with Nasdaq Composite .IXIC down 0.49 percent as Apple (AAPL.O) shares skidded to a two-year low on concerns about iPhone demand.
Japan's Nikkei .N225 turned lower 0.2 percent in early trading, after a brief spike at the... read more

 
13 May 2016 in Business, Views: 43
Source: Reuters
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