Asian Stocks Mostly Slip as Investors Await U.S. Economic Data

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Worries about policy changes under President Donald Trump and political uncertainty in South Korea contributed to a cautious mood in Asian markets.

Asian shares mostly slipped Thursday, as the region's main stock market in Tokyo stayed closed for the New Year's holidays. Investors remained cautious amid worries about what President Donald Trump might mean for policy changes, while the political uncertainty in South Korea added to a wait-and-see mood.Australia's S&P/ASx 200 rose 0.4% in early trading to 8,193.90. South Korea's Kospi declined nearly 0.1% to 2,397.54. Hong Kong's Hang Seng shed 1.3% to 19,807.

19, while the Shanghai Composite lost 0.8% to 3,325.56.On Thursday, investors will get an updated snapshot of U.S. construction spending for November, while U.S. manufacturing numbers for December will be released Friday

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