Asian markets end lower on Wednesday

Asian markets ended mostly lower on Wednesday after two sessions of solid gains, while oil prices swung higher as the market reconsidered the chances of a meaningful deal to restrict supply later in the year. Japanese stocks fell in choppy trade as the yen broke from its fragile weakening trend against the US dollar after a rebound in crude oil prices fizzled and revived demand for the safe-haven Japanese currency. Chinese shares hit a fresh three-week high, as demand for infrastructure shares helped the market maintain a rebound fuelled by economic stimulus hopes after media reports suggested that the National Development and Reform Commission plans to offer 400 billion yuan ($61 billion) this quarter to fund local government's infrastructure projects.