SYDNEY: Asian share markets were mostly in the red on Wednesday as a risk-off mood gripped investors, while a frazzled pound awaited its fate ahead of yet another make-or-break parliamentary vote on Brexit.
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.4 per cent in slow trade and almost every major index in the region nursed losses.
Japan's Nikkei led the way with a fall of 1.3 per cent as data showed machinery orders fell in January at the fastest pace ..
Parliament will vote later Wednesday on whether to leave the EU with no deal, and if that fails, a further vote on Thursday will decide whether to extend the Brexit deadline.
"The vote today seems certain to go against the government as well," said David de Garis, a director of economics and market at National Australia Bank.
"Assuming the Thursday vote finds a majority in favour of an extension - as we expect - it will likely be of some comfort to sterling," he added. "It's ..
MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.4 per cent in slow trade and almost every major index in the region nursed losses.
Japan's Nikkei led the way with a fall of 1.3 per cent as data showed machinery orders fell in January at the fastest pace ..
Parliament will vote later Wednesday on whether to leave the EU with no deal, and if that fails, a further vote on Thursday will decide whether to extend the Brexit deadline.
"The vote today seems certain to go against the government as well," said David de Garis, a director of economics and market at National Australia Bank.
"Assuming the Thursday vote finds a majority in favour of an extension - as we expect - it will likely be of some comfort to sterling," he added. "It's ..
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