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Asian shares slip and oil pares gains

Source: cp24.com cp24.com
News Snapshot:

HONG KONG — Asian stocks declined Tuesday, tracking losses on Wall Street after U.S. stocks retreated from record highs. Oil prices fell back after rising earlier on escalating tensions in the war between the U.S. and Iran.U.S. futures edged 0.1% higher.Regional trading was thin, with markets in Japan, South Korea and mainland China closed for holidays.Hong Kong’s Hang Seng fell 1.1% to 25,805.98. Australia’s S&P/ASX 200 lost 0.5% to 8,649.80, while Taiwan’s Taiex traded 0.2% lower at 40,626.22.The fragile ceasefire between the U.S. and Iran was tested Monday after the U.S. military said it had sank six Iranian small boats…

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