Asian Stocks Drop on Concerns Over ‘Hard’ Brexit, U.S. Policies

  • Japanese shares extend decline as yen strengthens for 7th day
  • China’s Shenzhen Composite Index extends yesterday’s losses
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Asian shares declined for a third day as caution dominated the market amid uncertainties surrounding the so-called hard Brexit and Donald Trump’s policies.

The MSCI AC Asia Pacific Index fell as much as 0.5 percent in morning trading, led by Japanese stocks. China’s Shenzhen Composite Index, which fell as much as 6.1 percent yesterday, fell for the sixth consecutive day.