TOKYO (AP) — Asian shares were mixed Tuesday as uncertainty about what will happen with the Iran war roiled global markets.
Japan's benchmark Nikkei 225 lost 0.4% to finish at 60,550.59, erasing initial gains after the government reported that the economy grew for the second straight quarter in January-March, mainly due to better than expected consumer spending.
South Korea's Kospi sank more than 4% in early trading and closed 3.3% lower at 7,271.66. Shares in Hyundai Motor Co. sank 8.9%, LG Electronics dropped 11.7%, Samsung Electronics slipped 2.0% and SK Hynix fell 5.2%, tracking losses in tech shares overnight on Wall Street.