May 24, 2023 5:46 PM
Most Asian shares slip amid deadlock in U.S. debt ceiling negotiations weighed on investor sentiment; European Markets also down in intra-day trade
Most Asian shares today slipped amid deadlock in U.S. debt ceiling negotiations weighed on investor sentiment. Representatives for President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday with no signs of progress as the deadline to raise the government's 31.4 trillion dollar borrowing limit or risk default ticked closer. Hong Kong's Hang Seng plunged 1.7 percent and China's Shanghai Composite index declined 1.3 percent. Ja...