Japanese shares took a breather on Thursday on worries over possibly delays in a first-phase Sino-U.S. trade deal while Softbank Group slid on its first quarterly loss in 14 years.
The Nikkei share average was flat at 23,306.99, not far off Wednesday’s 13-month intraday high of 23,352.56 while the broader Topix gained 0.1% to 1,696.11.
A meeting between U.S. President Donald Trump and Chinese President Xi Jinping to sign an interim trade deal could be delayed until December as discussions continue over terms and venue, Reuters reported on Wednesday.
In the past month, the Nikkei had rallied about 8% and Topix almost 7%.
Source : Reuters