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Asian shares down on caution after modest US gains

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TOKYO – Asian shares fell Thursday as caution set in over company earnings reports, recent choppy trading in technology stocks and prospects for more economic stimulus for a world battling a pandemic.

Japan's Nikkei 225 slipped 1.0% to 28,360.42, while South Korea's Kospi dropped 1.4% to 3,086.72. Australia's S&P/ASX 200 slipped 0.9% to 6,765.50.

Hong Kong's Hang Seng lost 0.9% to 29,048.31, while the Shanghai Composite was down 0.3% to 3,506.75. Also on market players’ minds is the global vaccine rollout, which is becoming more organized in the U.S., but has yet to play out in much of Asia, except for China, where the pandemic started. “As the rally waned for the U.S.

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