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Asia markets vary as yen strengthens and oil falls

Asia markets wavered between gains and waste on Wednesday, as a yen nudged aloft opposite a dollar and oil prices retreated.

In Australia, a benchmark ASX 200 pared some of a early gains of some-more than 1.2 percent to tighten adult 29.51 points, or 0.55 percent, during 5,372.30, with a heavily-weighted financials sub-index dropping 0.15 percent.

The Nikkei 225 embellished initial gains of over 1.3 percent to tighten nearby prosaic during 16,579.01, with many Japanese shares entrance underneath vigour from uninformed strength in a yen opposite a dollar. Across a Korean Strait, a Kospi retraced some of a waste of over 0.5 percent to tighten down 2.40 points, or 0.12 percent, during 1,980.10. In Hong Kong, a Hang Seng index sealed down 187.39 points, or 0.93 percent, during 20,055.29.

Mainland Chinese markets sealed mixed, with a Shanghai composite adult 5.04 points, or 0.18 percent, during 2,837.63, while a Shenzhen composite finished down 11.21 points, or 0.62 percent, during 1,791.05.

Article source: http://www.cnbc.com/2016/05/10/asia-stocks-to-focus-on-oil-price-rise-weaker-yen-earnings-season.html