TOKYO, Jan 5 (Reuters) - Japan's Nikkei fell on Thursday as the dollar fell against the yen on uncertainy over what the new U.S. presidency will bring, while Sharp Corp jumped after a report that it will consider listing its LCD joint venture between it and Hon Hai.
The Nikkei share average .N225 dropped 0.4 percent to 19,520.69 points.
Sharp 6753.T surged 11 percent after the Nikkei reported in the afternoon that the company will consider an initial public offering for Sakai Display Products Corp, the LCD joint venture between it and Hon Hai Precision Industry Co 2354.TW . dollar has been weak against the yen throughout Asian trading as minutes from the U.S. Federal Reserve's December meeting showed concerns that quicker economic growth under President-elect Donald Trump could require faster interest rate increases.
In afternoon trade, the dollar stepped further away from a 14-year peak against a basket of major currencies as the market was spooked by sharp falls in the dollar against the Chinese yuan. dollar slipped almost one percent at one point to 116.08 yen JPY= . At 0630 GMT, it was at 116.26.
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