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Home » GLOBAL MARKETS-Asian shares head for 3rd week of losses on China woes, US rates

GLOBAL MARKETS-Asian shares head for 3rd week of losses on China woes, US rates

    Asian markets were trying to find a firmer footing on Friday after a rough week, hammered by concerns about China's ailing economy and fears of U.S. rates staying higher for longer as long-term bond yields surged. MSCI's broadest index of Asia-Pacific shares outside Japan were up 0.1% after hitting a nine-month low the session before. Japan's Nikkei lost 0.4% and was down 3% on the week.

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