Stocks in Asia are mixed as attention turns to Trump
On Wednesday, Asian shares were narrowly mixed because the first full press conference by Donald Trump since the November election is expected to take center stage on the same day, considering his shocking allegations regarding ties to Russia.
Trump’s press conference comes as news agencies point out that briefing materials prepared for him included information, which initially circulated among Trump’s rivals and was passed to American intelligence agencies, thus making damaging allegations about his dealings with Russia. However, Donald Trump denied these reports in Twitter.
The S&P/ASX 200 added 0.25%, the Nikkei 225 grew 0.36%. Meanwhile, Toshiba stocks rallied 5.89%, hitting Y305.4, after on Tuesday, the Japanese conglomerate met creditors and asked them not to utilize provisions in debt agreements just to call in their loans early so as to give the company enough time to work out a solid plan, as Reuters informed.