President Barack Obama visit Asian stocks mixed
Asian shares lacked a clear direction in early Thursday trading as players took a mostly wait-and-see view ahead of talks between Japan´s prime minister and visiting President Barack Obama.
Adding to the mixed view was the fall on Wall Street overnight, despite a solid earnings report from Apple Inc. that sent that issue higher. Other earnings reports were disappointing.
The Nikkei, the benchmark for the Tokyo Stock Exchange, lost 0.15 percent within the first hour of trading to 14,524.66. South Korea´s Kospi inched up 0.1 percent to 2,002.44.
Asia is abuzz this week with Obama´s arrival late Wednesday in Tokyo for the first state visit by an American president to Japan in nearly 20 years. He will later go to South Korea, Malaysia and the Philippines.