Asian shares fell on Tuesday as crude oil prices slid on rekindled oversupply fears and after downbeat manufacturing data raised concerns about sluggish global economic growth.
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 per cent.
Japan's Nikkei slipped 0.5 per cent as investors locked in profits after two straight days of big gains following the Bank of Japan's decision to introduce negative interest rates late last week.
US crude oil was down about 1.8 per cent at US$31.06 a barrel after skidding as much as 7 per cent overnight, pressured by weak economic data from China, a US forecast for mild weather and doubts that suppliers would be able to agree on steps to address the global supply glut.
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MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 per cent.
Japan's Nikkei slipped 0.5 per cent as investors locked in profits after two straight days of big gains following the Bank of Japan's decision to introduce negative interest rates late last week.
US crude oil was down about 1.8 per cent at US$31.06 a barrel after skidding as much as 7 per cent overnight, pressured by weak economic data from China, a US forecast for mild weather and doubts that suppliers would be able to agree on steps to address the global supply glut.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my

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