Japan stocks set for opening losses as oil prices jump again

Japan stocks set for opening losses as oil prices jump again

SINGAPORE — Shares in Asia-Pacific slipped in Thursday morning trade after . The declined 1.23% in early trade, shedding some of its . The Topix index fell 1.02%. South Korea's slipped 0.73%. In Australia, the dipped 0.18% in morning trade. MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.21% lower. Oil watch Investors monitored oil moves after prices rose on Wednesday. In the morning of Asia trading hours on Thursday, international benchmark rose 0.2% to $121.84 per barrel, still much higher than levels below $112 seen earlier in the week. dipped 0.08% to $114.84 per barrel. Oil prices have been volatile for weeks since Russia's invasion of Ukraine as investors assess the war's impact on oil supply along with other concerns such as a . Hong Kong-listed shares of Chinese tech giant will also be watched by investors after the firm on Wednesday . Tencent also said it is if required by Chinese regulators. Overnight stateside, the S&P 500 dropped 1.23% to 4,456.24 while the Dow Jones Industrial Average fell 448.96 points to 34,358.50. The Nasdaq Composite declined 1.32% to 13,922.60. Currencies The , which tracks the greenback against a basket of its peers, was at 98.641 — still