SINGAPORE | Asian shares decline on concerns over global, China slowdown

21Jan - by Editor - 0 - In STL.News

SINGAPORE—January 21, 2019—Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was closed for a holiday on Monday.

KEEPING SCORE: Japan’s Nikkei 225 index shed 0.5 percent to 20,609.88 and the Kospi in South Korea was down 0.6 percent at 2,112.83.

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