BANGKOK — Shares were mostly lower in Asia on Thursday after Wall Street sagged under weakness in tech stocks.
U.S. futures turned higher and oil prices rebounded more than $1 a barrel.
Japan revised upward its GDP data to show the economy contracted less than earlier reported in July-September, in a sign the country weathered its latest big COVID wave with less damage than had been thought.
The Cabinet Office reported Thursday that the economy shrank at a 0.8% annual rate in July-September. That was better than minus 1.2% annual growth reported earlier.
In quarterly terms, the world’s third-largest economy contracted 0.2% instead of 0.3%.
Shares rose in Hong Kong as investors assessed the potential impact of a rollback of many pandemic restrictions on the Chinese mainland.
On Wednesday, rules on isolating people with COVID-19 were eased and virus test requirements…