Asian shares dip, worries over growth and trade sour mood
Asian stocks edged down on Wednesday on mounting signs of slowing global growth and anxiety over a yet-unresolved Sino-U.S. trade dispute
World Economic growth takes a dip
U.S. home sales tumbled 6.4 percent in December, falling short of the weakest forecast, to their lowest level in three years. Compared from a year ago, they were down more than 10 percent for the first time since 2011.
In commodities, U.S. West Texas Intermediate (WTI) crude futures fell 0.4 percent to $52.79 per barrel after shedding 1.9 percent the previous day.