Asian stocks: Shares trade mixed today; Shanghai up 0.2%, Nikkei slips 0.15%
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Asian markets experienced a downturn on Thursday, mirroring Wall Street’s volatility amid trade tensions and concerns over Trump’s relationship with the Federal Reserve Chair. Trump’s tariff threats and the possibility of sacking Powell unsettled investors, overshadowing positive closes in US markets. Shares of 7-Eleven’s parent company also declined after a takeover bid fell through, contributing to market unease.
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