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Asian stocks swung between gains and losses as energy shares advanced, countering declines by raw-material companies.
Nikkei 225 14,970.97 -80.63 -0.54%
S&P/ASX 200 5,436.99 +3.15 +0.06%
Shanghai Composite 2,041.25 +7.04 +0.35%
BHP Billiton Ltd. fell 1.3 percent as mining shares posted the largest fall among the 10 industry groups on the regional index.
Panasonic Corp., which is pivoting away from consumer electronics, jumped 5.3 percent in Tokyo on a report it’s in talks with Tesla Motors Inc. to build a plant in the U.S. to produce batteries for electric cars.
WorleyParsons Ltd., a service provider to the energy industry, surged 11 percent in Sydney after affirming its 2014 profit forecast.
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