Asian stocks trim losses, Italian auction looms

SINGAPORE (Reuters) - Asian stocks slipped on Thursday on weakness in the U.S. and European share markets and caution ahead of an Italian debt sale, though year-end window dressing of portfolios by some traders helped trim losses. European shares are expected to inch higher, reversing some of the previous session's losses, with cautiousness ahead of the key Italian debt auction by Italy seen limiting the gains. Spreadbetters expect London's FTSE to open up 0.04 percent, Frankfurt's DAX to open up 0.3 percent, and Paris' CAC 40 to open up 0.3 percent. ...