Markets in Asia were mixed on Thursday, with steadily declining oil prices giving traders a reason to pause.
Markets in Asia were mostly lower on Wednesday, after confirmation from MSCI that mainland China shares would be included in its emerging markets index on a gradual basis.
Markets in Asia finished mixed on Tuesday, with many traders keeping their wallets firmly closed ahead of the decision from MSCI on whether to include mainland China stocks.
Oilex, the oil and gas exploration and production company announced Monday "material progress" having received outstanding cash calls of approximately $1. 41m gross owed to the Cambay and Bhandut production sharing contracts (PSCs).
Japanese exports and imports failed to rebound in May, suggesting that foreign demand acted as a drag on the broader economy during the second quarter, but some economists were nevertheless optimistic.
Consumer price gains in China accelerated during the month of May but economists warned that the underlying pressures were pointing in the opposite direction.
Foreign demand for Chinese exports held up better than expected last month as did domestic appetite for wares from abroad, although some economists believed strength in imports was unlikely to be sustained.
Markets in Asia were mostly higher on Thursday ahead of a number of risky events through the rest of the global day, with the UK general election and the latest ECB meeting happening in Europe, and James Comey set to testify in front of a Senate committee on the Trump-Russia scandal in the US.
Markets in Asia finished mixed on Wednesday, with traders keeping their wallets closed ahead of a hat-trick of major events on Thursday - the UK general election, a review from the European Central Bank, and the scheduled testimony from former FBI director James Comey to the US Senate.