Asia Markets: Asian markets quiet, shrugging off geopolitical news

Asian markets were churned in early trade Thursday, tracking Wall Street’s muted trade day.

Markets mostly shrugged off a news that a U.S. and China might pointer a long-negotiated trade understanding in late May or early June, as good of claims that North Korea test-fired a new tactical guided weapon, a initial such exam given November.

Japan’s Nikkei

NIK, -0.74%

  slipped after information showed unsatisfactory readings in bureau activity and manufacturer confidence. Hong Kong’s Hang Seng Index

HSI, -0.52%

  fell slightly, while a Shanghai Composite

SHCOMP, -0.23%

  was about flat. South Korea’s Kospi

SEU, -1.17%

  fell 1%, while benchmark indexes in Taiwan

Y9999, +0.11%

 , Singapore

STI, -0.02%

  and Indonesia

JAKIDX, +0.72%

  rose slightly. Australia’s SP/ASX

XJO, -0.06%

 was about flat.

Among particular stocks, Honda

7267, +1.29%

  and Inpex

1605, +0.90%

  gained in Tokyo trading, while SoftBank Group

9984, -1.91%

  and Nintendo

7974, -1.32%

  fell. In Hong Kong, Apple suppliers AAC

2018, +1.93%

  and Sunny Optical

2382, +2.54%

  jumped, while Geely Automotive

0175, -4.46%

  sank. Samsung

005930, -2.55%

  fell in South Korea, after reports that a costly new foldable smartphone was violation after only a day or two. Rio Tinto

RIO, +1.68%

  and Fortescue Metals

FMG, +1.48%

  rose in Australia.

Providing vicious information for a U.S. trade day. Subscribe to MarketWatch’s giveaway Need to Know newsletter. Sign adult here.

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