In Brief: MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3% and risked a fourth session of losses. Japan's Nikkei edged up 0.2% and touched its highest in almost a month. Taiwan stocks lost 1.7% as a spike in COVID-19 cases hit three tech companies in northern Taiwan, including chip packager King Yuan Electronics. Chinese blue chips were off 0.3% ahead of data on exports and imports for May.
SYDNEY: Asian shares turned lower on Monday as relief over the benign U.S. jobs report was chilled by caution ahead of key inflation data later this week, while a coronavirus outbreak in Taiwan took a toll on chip manufacturers.
Investors were wary on how shares of major tech firms would react to the G7's agreement on a minimum global corporate tax rate of at least 15%, though getting the approval of the whole G20 could be a tall order.
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