Asian stock markets mostly lower Tuesday tracking Wall Street's decline, as jittery investors awaited the US Federal Reserve's decision on interest rates and Britain's vote on European Union membership.
Japan's Nikkei 225 index fell 1.3 per cent to 15,809.22 points and Sydney's S&P-ASX 200 lost 1.8 per cent to 5,219.30. Seoul's Kospi retreated 0.4 per cent to 1,971.16 and benchmarks in New Zealand, Singapore and the Philippines also declined. The Shanghai Composite Index was unchanged at 2,833.18 and Hong Kong's Hang Seng was flat at 20,527.81.
US stocks fell for a third day as investors awaited the Fed's decision on interest rates and Britain's EU referendum. The Dow Jones industrial average lost 132.86 points, or 0.7 per cent, to 17,732.48. The S&P 500 index fell 17.01 points, or 0.8 per cent, to 2,079.06 and the Nasdaq composite fell 46.11 points, or 0.9 per cent, to 4,848.44.
Benchmark US crude fell 57 cents to $48.32 per barrel in electronic trading on the New York Mercantile Exchange. The contract lost 19 cents on Monday to close at $48.88. Brent crude, used to price international oils, dropped 48 cents to $49.87 per barrel in London. It shed 19 cents on Monday to $50.35.
The dollar held steady at 106.05 yen. The euro edged up to $1.1296 from $1.1293, according to a news agency report.
-SRS-
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