Asian shares head for 4th day of falls, China reform in focus


MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.1% on Tuesday. It was heading for an eighth day of decline out of nine sessions, but Tokyo's Nikkei share average, helped by the softer yen, climbed 1.7% after touching a three-week high - EPA Photo.

TOKYO: Asian shares slipped on Tuesday, on track for a fourth straight day of losses, with investors turning their attention to the Chinese Communist Party policy meeting for clues to its economic agenda for the next decade.

The dollar rallied against the yen for a third straight day after a surprise rise in US October jobs growth on Friday, which has raised the prospect of the Federal Reserve reducing its stimulus drive sooner than thought. The dollar also kept pressure on emerging Asian currencies.

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Asia , shares , US jobs , China third plenum , economy

   

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