SINGAPORE - Asian shares are set to end the week on a sour note, as uncertainty across the geopolitical landscape and in major economies added to headwinds for investors even as the global rate easing cycle gets under way.
Japan's Nikkei fell to a more than two-week low and was last down 0.1%, extending its sharp 2.4% fall from the previous session.Technology stocks continued to struggle, with South Korea's tech-heavy KOSPI index and Taiwan stocks both easing more than 1%. In China, investors were left disappointed over the lack of details provided on the implementation steps for achieving the country's economic policy goals at the conclusion of its closely watched plenum on Thursday.
The yen was a touch firmer at 157.31, helped by suspected bouts of intervention from Japanese authorities to prop up the currency and as an acceleration in the country's core inflation last month kept alive expectations that the Bank of Japan could soon raise interest rates.Brent crude futures eased 0.58% to $84.62 a barrel, while U.S. crude futures slid 0.81% to $82.15 per barrel.
Nederland Laatste Nieuws, Nederland Headlines
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