Asia stocks wobble near 14-month lows on simmering trade worries

Tokyo's Nikkei fell 0.25 percent and Australian stocks gave up 0.3 percent, while South Korea's KOSPI managed to eke out a modest 0.15 percent gain.

Asian stocks were pinned near 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying US-China trade conflict.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.05 percent, hovering near its lowest levels plumbed since July 2017 on Monday.

Asian equities and the broader emerging markets have continued to sag in the wake of the trade tensions and concerns about the crises in Turkey and Argentina. MSCI's index of emerging market shares has fallen to its lowest level since May 2017.

Brent crude futures were 0.3 percent higher at USD 79.31 per barrel after surging more than 2 percent on Tuesday.

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