May 18, 2017 4:49 PM

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Key Asian stocks fall amid concern about political developments in US

Key Asian stocks fell, today, amid concern about political developments in the US. Key Asian markets also lost ground. So Japan's Nikkei 225 index slipped 1.3 percent; Singapore's Straits Times index lost 0.1 percent; South Korea's Kospi dropped 0.3 percent, each; China's Shanghai Composite index declined 0.5 percent; and Hong Kong's Hang Seng index shed 0.6 percent. In Europe, the UK's FTSE-100 had tumbled 1.4 percent, Germany's DAX had lost 0.9 percent, and France's CAC-40 had slumped 1.2 percent in intra-day trade. While stocks flashed warning lights again, the dollar steadied and seemed to be going for the 'calm down' option.

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