Asian Equities Steady but China Worries Linger

Asian markets were finding their feet on Tuesday after a rocky ride the previous session, though uncertainty about the true state of China’s economy kept nerves frayed and commodity prices restrained.

Most regional shares edged ahead, with Japan’s Nikkei .N225 adding 0.6 percent and the major European bourses were seen opening up around 0.2 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS put on 0.3 percent, after shedding 1.3 percent on Monday.

Shanghai was flat .SSEC so perilously close to its lowest since last July, while prices for industrial commodities stayed under water in the wake of February’s shock fall in Chinese exports.

Reuters

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