Asia shares down after strong gains | Bangkok Post: business

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Asia shares down after strong gains

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HONG KONG — Asian markets mostly fell on Wednesday after two days of healthy gains, while investors also took their lead from Wall Street's retreat from record highs. 

The dollar edged higher against the yen as a recent batch of upbeat data boosted confidence in the global economy, while the euro faced selling pressure ahead of an expected easing of monetary policy by the European Central Bank.

Tokyo added 0.22%, or 33.71 points, to 15,067.96 thanks to the weaker yen, but Sydney fell 0.64%, or 34.9 points, to close at 5,444.8 despite better-than-expected first quarter economic growth data, while Shanghai shed 0.66%, or 13.47 points, to 2,024.83.

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