Asia Shares
Asian shares dipped on Tuesday, running out of steam after a brief rally sparked by hopes that Washington and Beijing may be inching towards a trade deal.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was last up 0.8 percent to stand at its highest since Oct. 8.
Official data showed China’s economy grew 6.7 percent in the second quarter of 2018, cooling from the 6.8 percent growth registered in each of the previous three quarters.
A broad MSCI index of car and car parts companies fell 1.1 percent. Tokyo’s SE TOPIX transport equipment index lost 3 percent.
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