Economic news

Asian stocks wobble amid selling pressure

Asian stocks were mixed on Tuesday as investors assessed gains underpinned by the passage of the U.S. tax reform in the Senate.

MSCI's broadest index of Asia-Pacific shares was virtually flat. Japan's Nikkei slumped 0.5 percent, led by declines in high-flying technology stocks.

Australian shares slipped 0.2 percent at the close. South Korea's Kospi index ticked up 0.2 percent.

Hong Kong’s Hang Seng Index dropped 0.6 percent and the Shanghai Composite Index lost 0.2 percent.

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