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Asian stocks are mixed with Tokyo down on weakening yen
On Tuesday, Asian stocks were quite mixed, with Tokyo giving up some revenues on a weakening yen.
In Japan, the Nikkei 225 went down 0.23%, South Korea's benchmark Kospi index tacked on 0.18%. South Korean tech shares demonstrated mixed performance right after the sell-off in the last trading session. Samsung Electronics grew 0.09%, LG Display tacked on 2.72%t, while memory chip supplier SK Hynix decreased by 0.35%.
In Australia, the S&P/ASX 200 went up by 0.06%. Additionally, several employees of the Australian gaming group, Crown Resorts were charged for the promotion of gambling in China, as Reuters informed. Stocks of Crown managed to gain 0.27% in early trade.
The National Australia Bank published its May business confidence survey, unveiling a plus-7 figure, down from last reading at plus-13 as well as its business poll at plus-12, also dipping from the previous outcome at plus-14.
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