TOKYO - Asian stocks struggled near a 3-1/2-month low on Wednesday on lingering concerns over the economic impact of a U.S.-China trade war, although an overnight bounce on Wall Street helped limit the losses.
“Still, the U.S.-China row looks to continue in the coming months. China did not seem to present a totally unified front in the latest round of the trade spat and its reaction bears watching going forward.” The dollar traded a shade higher at 109.675 yen, pulling away from a three-month low of 109.020 plumbed on Monday when trade war worries boosted investor demand for the safe-haven Japanese currency.
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