Asian stocks trade mix

Asian stock markets turn mixed in morning trade, supported by gains for U.S. stocks. In Japan, Sanyo Electric powers higher on a report that it will sell hybrid-car batteries to auto giant Toyota.

Japanese benchmark index Nikkei 225 fell 23.16 points, or 0.23%, to trade at 10,261.80.

Hong Kong`s Hang Seng index declined 111.18 points, or 0.55%, to trade at 20,195.09.

China`s Shanghai Composite decreased 5.14 points, or 0.18% to trade at 2,905.75.

Taiwan`s Taiex index gained rose 17.06 points, or 0.25%, to trade at 6,806.83.

South Korea`s Kospi index gained 1.80 points, or 0.12%, to trade at 1,552.04.

Singapore`s Straits Times decreased 12.05 points, or 0.47%, to trade at 2,555.67. (7.42 a.m., IST)