Most of the Asian markets are trading in red in early deals on Wednesday amid the jitters over simmering United States trade dispute with China. Meanwhile, the Japanese market is declining following the mixed cues overnight from Wall Street and on a stronger yen amid worries about rising US-China tensions. Among the other Asian markets, Hong Kong, Taiwan, Indonesia and Malaysia are lower. Bucking the trend, Singapore is higher. Markets in South Korea and China were closed for a national holiday.
Nikkei 225 dropped 186.49 points or 0.77% to 24,084.13, Hang Seng dipped 140.54 points or 0.52% to 26,985.84, Jakarta Composite declined 21.13 points or 0.36% to 5,854.49, Taiwan Weighted slipped 79.68 points or 0.74% to 10,839.95, and FTSE Bursa Malaysia KLCI was down by 1.35 points or 0.08% to 1,796.80.
On the flip side, Straits Times was up by 22.29 points or 0.68% to 3,258.55.
