TOKYO (AP) — Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the “Magnificent Seven.”
Japan’s benchmark Nikkei 225 slid 2.1% to 37,670.50. South Korea’s Kospi dropped 1.4% to 2,637.18. Hong Kong’s Hang Seng gained nearly 0.1% to 17,215.51, while the Shanghai Composite was virtually unchanged at 3,044.41.
Trading was closed in Australia for a national holiday, Anzac Day.
Attention is also turning to the Bank of Japan, whose two-day monetary policy meeting started Thursday.
“For the record, heading into tomorrow’s policy decision, exceptional Japanese yen weakness is the agitated elephant in the room for the BOJ,” Tan Jing Yi of Mizuho Bank said in a commentary.
In currency trading, the U.S. dollar rose to 155.67 Japanese yen from 155.31 yen. The euro cost $1.0715, up from $1.0697.
Jelly Roll hits the gym amid his plans to lose 250lbs
Interview: Malaysia pursues holistic strategy to boost Chinese tourist arrivals
Commentary: Hidden agenda behind hype of China's overcapacity problem
China opposes U.S. deployment of intermediate
Travis Kelce laughs at girlfriend Taylor Swift getting 'Punk'd' by Justin Bieber in 2012
China's top court vows better judicial protection of consumer rights
Arizona lands Oakland star forward Trey Townsend out of transfer portal
U.S. most recent absurd accusation: China
Biden pardons 11 people and shortens the sentences of 5 others convicted of non
Commentary: Xi's meeting with Ma injects positive energy to relations across Taiwan Strait