Asia Equities Mostly Lower, Tracking Overnight Losses on US Wall Street

Asia-Pacific stocks were mostly lower on Thursday, mirroring overnight losses on US Wall Street.

As of 9.16 a.m. (Thai time), the Nikkei 225 was down 1.02% in Japan after the country reported another trade deficit for December, just one day after the Bank of Japan surprised markets by maintaining its yield curve tolerance band unchanged.

The Kospi index in South Korea was flat. The S&P/ASX 200 index in Australia rose 0.37%.

The Hang Seng index in Hong Kong fell 1.05%. Mainland The Shanghai Composite dropped 0.30%.

Hong Kong and Australia are scheduled to release their respective unemployment rate readings for December and October to December.

On Wall Street, major stock indexes fell overnight, with the S&P 500 having its worst day in more than a month.