Japan stocks retreat from record highs; China trade data better than expected

Japan stock indexes retreated from record highs Thursday, while investors assessed better-than-expected trade data from China. The Nikkei 225 hit a record high before trading 0.9% lower. The broader Topix lost 0.24%, also after hitting a record high earlier in the session. The Taiwan weighted index jumped nearly 1%, Australia’s S&P/ASX 200 rose 0.14%, both scaling new peaks.
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