Asian Shares Fall

Shares slipped on Thursday in Asia, The Associated Press reported.

Hong Kong's Hang Seng fell 1.2% to 18,235.40.

The Shanghai Composite index lost 0.9% to 3,130.70, while Tokyo's Nikkei 225 shed 0.8% to 32,991.08.

In Seoul, the Kospi sank 0.7% to 2,544.40. Australia's S&P/ASX 200 was off 1.2% at 7,174.00.

In the oil markets, U.S. benchmark crude oil was down 34 cents at $87.20 a barrel in electronic trading on the New York Mercantile Exchange.

Brent crude, the pricing basis for international trading, was down 30 cents at $90.30 a barrel.

The U.S. dollar fell to 147.52 from 147.66 Japanese yen late Wednesday. The euro edged down to $1.0723 from $1.0725.

Source: Saudi Press Agency