Asian Stocks slip as US tax doubts snap global winning streak

Asian shares slipped on Friday on uncertainty about US tax reforms after Senate Republicans unveiled a plan that differed from the House of Representatives’ version in several key areas, including a delay in the timing of a corporate tax cut.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.1 percent while Japan’s Nikkei lost 1.0 percent.

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Posted in: Indian Market Tips