Japan's Nikkei Stock Average is down 0.7% at 48988.23, dragged by chip and metals stocks, as profit-taking kicks in following their recent surge.
SoftBank Group is down 8.3%, Advantest is 2.8% lower while Sumitomo Metal Mining is down 5.3% and JX Advanced Metals is 4.5% lower.
Meanwhile, auto stocks are higher thanks to a weaker yen and hopes for lower taxes on gas in Japan. Toyota Motor is up 4.2% and Honda Motor is 3.6% higher.
The broader market index Topix is up 0.2% at 3255.47. USD/JPY is at 151.63, compared with 151.57 as of Tuesday's Tokyo stock market close.
Investors are focusing on any details of newly elected Prime Minister Sanae Takaichi's policy steps.
Sumber : Dow Jones Newswires
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