Most of the Asian markets declined Wednesday as sentiment deteriorated following the weak earnings reports and the downgrade on five of the Spanish regions by Moody’s.
Japanese benchmark Nikkei declined 0.21 percent or 19.16 points to 8,995.30, South Korea’s KOSPI Composite fell 0.60 percent or 12.02 points to 1,915.19 and Taiwan’s Taiex Index fell 0.1 percent while Hong Kong's Hang Seng gained 0.15 percent or 32.95 points to 21,730.50 and Chinese Shanghai Composite advanced 0.35 percent. Markets in India are closed for holiday. Reported by IBTimes 48 minutes ago.