Asian Market Update : Epic Research Malaysia

Asia's markets were mixed Thursday, with investors unable to build on the previous day's advances after the S&P on Wall Street notched up another record.

With few catalysts to drive trade the dollar retreated from seven-month highs against the yen, while the euro clawed back some losses after Germany dampened speculation that the European Central Bank (ECB) would unveil new easing policies.

Australian flag-carrier Qantas was the standout performer, surging almost seven percent on hopes for the next 12 months after it announced record annual losses of US$2.65 billion.

Tokyo lost 0.52 per cent by the break as exporters were hurt by a stronger yen, while Sydney eased 0.36 per cent. Shanghai added 0.36 per cent, Seoul gained 0.44 per cent and Hong Kong added 0.47 per cent.

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