Asia stocks slip, dollar dips

SYDNEY: Asian shares slipped on Thursday after Wall Street suffered a mild setback after weeks of gains, while the dollar faded against the yen in typical year-end profit taking. Japan’s Nikkei lost 1 percent as the yen firmed, edging away from its recent one-year top. Moves were modest across the region with MSCI’s broadest index of Asia-Pacific shares outside Japan off just 0.05 percent.