MANILA – Asian shares initially retreated Thursday after President Donald Trump’s meeting with Chinese leader Xi Jinping.

While Trump said the meeting was “amazing” and had resolved many issues, investors appeared skeptical. U.S. futures were flat.

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Tokyo's Nikkei 225 index bounced lower and then inched up less than 0.1% to 51,333.51 after the Bank of Japan kept its benchmark interest rate unchanged.

Chinese markets gave up early gains, with Hong Kong's Hang Seng shedding 0.2% to 26,298.64. The Shanghai Composite index lost 0.3% to 4,006.60.

South Korea’s Kospi index broke through the 4,000 mark for the first time, edging up 0.1% to 4,084.91 after climbing more than 1% earlier in the day following reports of progress in Washington’s trade talks with South Korea .

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