Asian Market Update : Epic Research Malaysia

Asian shares edged down and the dollar was treading water in early Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to avert a default.

Athens's talks with creditors bogged down on details, with next week's deadline to repay 1.6 billion euros to the International Monetary Fund looming, and threatening to trigger Greece's removal from the euro zone.

The EU leaders are scheduled to convene in Brussels later on Thursday.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down about 0.1 percent. Japan's Nikkei stock index N225 fell about 0.4 percent after hopes for a resolution to Greece's debt crisis helped propel it to its highest level since 1996 on Wednesday.

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