Asian shares fall on second Chinese currency cut

Asian shares fell on Wednesday after China cut the yuan against the dollar for a second day, fuelling concern about the health of the world's number two economy. The dollar rose after the People's Bank of China (PBoC) reduced the value of the yuan against the greenback, trimming the reference rate by 1.62 percent, state media reported. The cut comes after Beijing's surprise devaluation of the yuan on Tuesday sent ripples through global financial markets, prompting a wave of sellin