SINGAPORE | World shares retreat on growth fears after Apple warning

3Jan - by Editor - 0 - In STL.News

SINGAPORE—Jan 03, 2019— European and Asian indexes slipped on Thursday after Apple, the world’s largest technology company, downgraded its sales projections citing lackluster Chinese demand.

The Japanese yen, seen as a relatively safe asset, surged as traders awaited developments on the U.S. government shutdown and Brexit.

KEEPING SCORE: In Europe, France’s CAC 40 retreated 0.5 percent to 4,664.22 and Germany’s DAX was 0.6 percent lower at 10,519.83.

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