|Published : 14 Apr 2017, 13:57:56 | Updated : 14 Apr 2017, 13:59:22|
Asia stocks mixed as Trump talks down US dollar
Asian stock markets were mixed on Thursday after US President Donald Trump withdrew a threat to declare China a currency manipulator. Trump’s comment that the US dollar was getting too strong helped push the yen higher, hurting Japanese exporters'’ shares.
Tokyo's Nikkei 225 fell 1.0 per cent to 18,362.43 points and Hong Kong's Hang Seng lost 0.1 per cent to 24,296.85. The Shanghai Composite Index edged 0.1 per cent higher to 3,277.88. Sydney's S&P-ASX 200 retreated 0.8 per cent to 5,885.50 while Seoul's Kospi added 0.4 per cent to 2,137.05. Benchmarks in Taiwan and Jakarta gained, while Singapore and New Zealand slipped. source – AP