BANGKOK (AP) — Asian stock markets faltered Thursday after a Federal Reserve report confirmed a slowdown in U.S. economic growth.
Oil prices jumped to above $101 per barrel after OPEC unexpectedly left its production levels unchanged. In currencies, the dollar strengthened against the yen but slipped against the euro.
Japan's Nikkei 225 index fell less than 0.1 percent to 9,440.63. South Korea's Kospi rose 0.2 percent to 2,086.73, and Hong Kong's Hang Seng lost 1 percent to 22,425.13.
Tokyo Electric Power Co., the embattled Japanese utility known as TEPCO, was down 5 percent. TEPCO shares hit an all-time low earlier Wednesday, a day after a government-appointed panel launched an investigation into a nuclear accident that took place at one of the company's plants following a devastating earthquake and tsunami on March 11.
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