Asian shares lower as investors mull earnings, yields weigh
HONG KONG (AP) — Asian shares were mostly lower Friday as investors evaluated the latest earnings reports and worries about rising U.S. bond yields weighed on sentiment.
KEEPING SCORE: Japan's benchmark Nikkei 225 sank 1.3 percent to 23,181.34, reversing a big gain from the previous day, and South Korea's Kospi fell 1.5 percent to 2,530.04. Hong Kong's Hang Seng index dipped 0.1 percent to 32,626.36 and the Shanghai Composite index edged 0.1 percent lower to 3,444.58. Australia's S&P/ASX 200 added 0.3 percent to 6,106.70.
EARNINGS: Investors were digesting a full plate of corporate earnings and plenty more are on the way.