TOKYO: The New Year rally in Asian shares ran out of steam on Thursday as concerns about the U.S. administration's protectionist stance hit Wall Street while U.S. bonds were dented by speculation China may curtail buying.
MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.1% in early trade, slipping further from Tuesday's 10-year peak. Japan's Nikkei lost 0.6%.
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