BANGKOK– Asian stocks were mostly lower Thursday after Wall Street benchmarks fell and Japan reported a 14th straight month of monthly trade deficits on high oil and other commodity prices and a weakening yen.

Wall Street futures were mixed while oil prices rose.

Japan’s trade deficit hit a record high in the first half of the year, although it narrowed slightly from the previous month and was lower than analysts had forecast.

This was announced by the Ministry of Finance on Thursday.