Economic news

Asian stocks wobble near 2-month trough

Asian stocks fluctuated near two-month trough on Thursday as weaker crude and copper prices and uncertainty over U.S. policy kept many investors cautious.

MSCI’s broadest index of Asia-Pacific was virtually changed. It has slumped 4.7 percent from a 10-year high scaled on Nov. 23.

Japan's Nikkei advanced 1.3 percent after having posted its strongest drop since late March overnight.

Australia’s S&P/ASX 200 Index rose 0.5 percent. South Korea’s Kospi index was down 0.3 percent.

Hong Kong’s Hang Seng Index inched up 0.4 percent, and the Shanghai Composite Index dipped 0.5 percent.

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