Asia stocks mostly higher as markets mull Trump’s tax plan
Asian shares were mostly higher Thursday as investors assessed the scant details of President Donald Trump’s U.S. tax overhaul. Japan’s central bank kept its monetary policy unchanged and forecasted steady growth for Asia’s No. 2 economy.
Japan’s benchmark Nikkei 225 index lost 0.2 per cent to 19,251.87 while South Korea’s Kospi gained 0.1 per cent to 2,210.65. Hong Kong’s Hang Seng climbed 0.4 per cent to 24,666.29 and the Shanghai Composite index climbed 0.2 per cent to 3,147.82. Australia’s S&P/ASX 200 edged up 0.2 per cent to 5,921.50. Benchmarks in Taiwan and Southeast Asia were mixed.