Asian markets dropped Wednesday after US stocks took their biggest loss in almost a month, underscoring simmering worries about global economic growth.
Japan's benchmark Nikkei 225 slipped 0.8 per cent to 16,249.97 in morning trading. Australia's S&P/ASX 200 was dropped 1.0 per cent to 5,485.40. South Korea's Kospi lost 0.8 per cent at 2,002.94.
Hong Kong's Hang Seng dipped 1.7 per cent to 21,763.21, while the Shanghai Composite was little changed, inching up 0.1 per cent to 2,973.80.
The Dow Jones industrial average fell 0.5 per cent to 18,313.77. The S&P 500 index lost 0.6 per cent to 2,157.03 and the Nasdaq composite slid 0.9 per cent to 5,137.73.
The Dow has fallen for seven days in a row, and Tuesday was the worst day for US stocks since July 5.
Oil prices regained some of their recent plunge. Benchmark US crude was up 29 cents at $39.80 a barrel in electronic trading on the New York Mercantile Exchange.
It fell 55 cents on Wednesday to $39.51 a barrel. Brent crude, used to price international oils, edged up 24 cents to $42.04 a barrel in London.
The dollar fell to 101.23 yen from 102.60 yen late Tuesday in Asia, while the euro rose to $1.1215 from $1.1172, according to a news agency report.
-SRS-
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