The Asian market indices are trading lower on Thursday amid growing uncertainty about the global economy. China's Shanghai Composite index is lower after reports that the British government was removing Huawei Technologies' equipment from the core of its existing 3G and 4G mobile operations because of security concerns. Meanwhile, Japan's Nikkei index declined as the yen strengthened against the dollar on fears of a downturn in the United States.
Nikkei 225 dipped 546.27 points or 2.56% to 21,373.06, Hang Seng dropped 702.40 points or 2.69% to 26,117.28, Taiwan Weighted slipped 212.49 points or 2.19% to 9,704.25, Shanghai Composite declined 33.99 points or 1.30% to 2,615.82, FTSE Bursa Malaysia KLCI contracted 10.18 points or 0.60% to 1,678.09, Straits Times decreased 35.81 points or 1.15% to 3,120.11, KOSPI Shares tumbled 32.65 points or 1.58% to 2,068.66, Jakarta Composite down by 25.63 points or 0.42% to 6,107.49.
