Asian stocks are slipping following a charge on Wall Street which drove indices to all-time highs for the second straight day
SINGAPORE — Asian stocks slipped Thursday following a charge on Wall Street that drove indices to all-time highs for the second straight day.
Japan’s benchmark Nikkei 225 fell 0.1% to 27,693.42 and Hong Kong’s Hang Seng gave up 1% to 25,440.41. The Shanghai Composite was down 0.5% at 3,521.76.
Australia’s S&P/ASX 200 retreated 0.3% to 7,508.20. The Kospi in South Korea lost 0.6% to 3,129.08 after the country’s central bank raised its policy rate by 25 basis points, in a move that could quell rising household debt.
Shares rose Malaysia and Thailand, fell in Indonesia and stayed flat in Singapore.
Investors are awaiting more clarity on…
