Asian shares dip as S&P 500 continues its record rally on Wall Street

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Asian shares dip as S&P 500 continues its record rally on Wall Street - Business Standard

Quick Summary:

The yuan has been under siege, with foreign-exchange outflows surging last month as Trump's tariff rhetoric sent shockwaves through markets, said Stephen Innes, managing partner at SPI Asset Management.

Hong Kong's Hang Seng dipped 1.3% to 22,640.18, after China left its benchmark interest rate unchanged, in a move it said was meant to maintain financial stability.

Asian shares traded mostly lower Thursday after a quiet day on Wall Street, where the S&P 500 added to its record.