Japanese shares in red as yen strengthens

Asian shares traded mixed following a choppy session in the US with stocks ending higher after President-elect Donald Trump held a raucous and freewheeling press conference that analysts said was sparse on economic policy details.

Japanese benchmark Nikkei 225 dropped 0.91 percent, as the yen strengthened against the dollar. A stronger yen is generally bad news for Japanese companies as it makes exports more expensive and lowers repatriated profits earned overseas.

In South Korea, the Kospi was up 0.24 percent.

Hong Kong’s Hang Seng was up 0.09 percent.

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