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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian shares mixed after biggest Wall St retreat of the year

Copyright 2023 The Associated Press. All rights reserved.

Asian shares were trading mixed Thursday, as investors grew cautious after Wall Street's biggest pullback of the year.

Japan reported its trade deficit more than doubled in December from a year earlier, to 1.4 trillion yen ($11.3 billion), while the total deficit for all of 2022 ballooned to nearly 20 trillion yen ($156 billion) as the yen weakened and soaring costs for oil and other imports far outpaced an 18% increase in exports.

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