Asia markets recover as Italy crisis fears dim

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By Addison Gong
31 May 2018

Jitters over Italy’s political turmoil receded slightly on Thursday, giving Asia’s stock and bond markets a bit of respite, even as talk of a trade war between China and the US reappeared.

Political volatility in Italy took a toll on Asia’s markets this week, with all leading indices dropping. Hong Kong’s benchmark Hang Seng Index, for instance, fell by 1.4% on Wednesday, while the Singapore index was down 2.1% and the Shanghai Composite Index by 2.5%. The crisis also saw ...

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