Asian markets retreat as trade worries weigh Asian markets dipped lower in early Friday trading, as the Dow posted its eighth straight decline and trade tensions between the U.S. and China remained high.
In Japan, the Nikkei NIK, -0.85% was down 0.8%, as the yen rebounded overnight with the dollar USDJPY, +0.01% again slightly below ¥110. Automakers led the losses, with Toyota 7203, -2.60% and Honda 7267, -2.17% each down more than 2%
Korea’s Kospi SEU, +0.43% swung between slight gains and losses, with Samsung Electronics 005930, -0.21% dropping 0.6%.
Hong Kong stocks HSI, -0.09% opened solidly lower, with Tencent 0700, -0.15% down another 0.5%, putting the week’s losses above 4%. Chinese equities continued to slide, and the Shanghai Composite SHCOMP, +0.46% was poised to end the day in bear-market territory.
After two days of gains, Taiwan stocks Y9999, -0.37% fell in early trade with, with lens maker Largan 3008, -2.00% pulling back 2%. Stocks were also down in Singapore STI, -..Read More →

ESPN reporter uses creative verbs to sidestep ban on NBA draft spoilers The NBA and its broadcast partners agreed to hold back on reporting on picks early for this year’s NBA draft.
But they couldn’t stop Woj.
More than three hours before the draft was scheduled to begin, ESPN’s NBA insider extraordinaire, Adrian Wojnarowski, tweeted how the top six picks were taking “shape.” That was the first signal that Wojnarowski had no interest in any peace treaties.
Read: Little drama at NBA draft, as Phoenix Suns pick Deandre Ayton first overall
When the draft began, Wojnarowski did not stop, but used coded language to create a laughable alibi, in case his bosses wanted to claim he was breaking the understanding with the NBA.
Prior to the Knicks’ pick, Wojnarowski tweeted, “Sources: New York has been focused on Kentucky’s Kevin Knox with ninth pick.” The Knicks selected Knox shortly after.
Sources: New York has been focused on Kentucky's Kevin Knox with ninth pick.
— Adrian Wojnarow..Read More →