Asia stocks fall to 14-month lows as trade concerns simmer


TOKYO (Reuters) – Asian stocks slipped to 14-month lows on Wednesday with investor confidence chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict.

FILE PHOTO: A man walks in front of a screen showing today’s movements of Nikkei share average outside a brokerage in Tokyo, Japan, June 2, 2016. REUTERS/Issei Kato/File Photo

Spreadbetters expected European stocks to open flat to higher in light of Wall Street gains, with Britain’s FTSE .FTSE starting little changed, Germany’s DAX .GDAXI gaining 0.15 percent and France’s CAC .FCHI adding 0.25 percent.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost 0.3 percent, plumbing its lowest levels since July 2017.

MSCI Asia-Pacific index:

Hong Kong’s Hang Seng .HSI fell 0.4 percent and the Shanghai Composite Index .SSEC dropped 0.3 percent.

Tokyo’s Nikkei .N225 declined 0.4 percent and Australian stocks gave up 0.1 percent, while South Korea’s KOSPI

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