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Asian shares were trading down today due to overnight losses in the Wall Street. Investors remain concerned over Greece debt woes as the European officials have not been able to reach an accord on a second bailout package.
Data from the US released on Wednesday showed manufacturing conditions in New York falling into negative territory for the first time since November 2010 as inflation rates soared to their highest level in more than two-and-a-half years.
Japan’s Nikkei 225 fell 115.33 points or 1.2 per cent to 9,458.99. Hong Kong’s Hang Seng plunged 323.69 points or 1.45 per cent to 22,020.08. Singapore’s Straits Times was down 28.91 points or 0.95 per cent at 3,025.91. South Korea’s Kospi shed 38.15 points or 1.83 per cent to 2,048.38.
Australia’s S&P/Asx 200 declined 69.40 points or 1.52 per cent to 4,497.40. China’s Shanghai Composite shed 26.30 points or 0.97 per cent to 2,679.13. Taiwan’s Taiex dipped 142.33 points or 1.61 per cent to 8,689.12.
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