Asian Shares Fall on Deutsche Bank Woes, OPEC Concerns – Wall Street Journal

Asian shares traded lower Friday as traders dialed back hopes for proposed oil-production cuts, and as Deutsche Bank worries continued to rattle global markets.

The Nikkei Stock Average ended down 1.5% and Australia’s S&P/ASX 200 slid 0.7%. Korea’s Kospi was 1.2% lower. Hong Kong’s Hang Seng Index fell 1.9%, but the Shanghai Composite closed up 0.2%.

Oil prices moved lower in Asian trade Friday as doubts grew about a…

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