11-08-2016 02:45 via rocketnews.com

Wall Street dip halts Asian shares' rising streak, oil slips

By Saikat Chatterjee
HONG KONG (Reuters) – Asian shares fell on Thursday, reversing recent gains as investors took profits after Wall Street declined overnight, and oil prices tumbled on news of a surprising jump in U.S. government stockpiles.
MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> fell 0.2 percent in early Asian trade. It hit a one-year high on Wednesday and has broadly outperformed the MSCI world index <.MIWO00000PUS> since end-June.
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