Asia Markets: Nikkei drops while other Asian markets largely gain

Asian equity markets were slightly higher Thursday, after U.S. President-elect Donald Trump largely avoided fresh attacks on global trade in his first news conference in six months.

However, Trump on Wednesday also offered little clarity on his economic stimulus plans, sending the U.S. dollar down against major currencies, with the Japanese yen recently up nearly 0.3%, hurting Japanese stocks.

The Nikkei Stock Average NIK, -1.28% was last down 1.1%, led by export stocks impacted by a stronger local currency. Among those, Mazda Motor 7261, -1.88% was down 1.7% and Toyota Motor 7203, -1.04% declined 0.9%.

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