Economic news

Asian stocks reduce gains

Asian stocks fluctuated on Friday, with risk appetites limited by worries as investors waited for the U.S. Senate’s vote on U.S. tax reform bill.

MSCI’s broadest index of Asia-Pacific shares was virtually unchanged on the day, after dipping to a two-week trough. It was on track for a weekly loss of 2.6 percent.

Japan's Nikkei inched up 0.1 percent, on course to advance 0.9 percent for the week.

Australia’s S&P/ASX 200 Index rose 0.3 percent. The Kospi index in Seoul ticked up 0.1 percent.

Hong Kong’s Hang Seng Index wobbled. The Shanghai Composite Index lost 0.3 percent.

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