Asian shares were trading in the negative zone today, as a rise in euro zone bond yields reflected persistent doubts about the ability of politicians in Italy and Greece to push through reforms to resolve their debt crises and win market confidence.

Japan’s Nikkei 225 fell 46.76 points or 0.54 per cent to 8,556.94. Hong Kong’s Hang Seng shed 182.48 points or 0.94 per cent to 19,325.70. Singapore’s Straits Times was down 7.57 points or 0.27 per cent at 2,822.57. South Korea’s Kospi was down 10.02 points or 0.53 per cent at 1,892.79.

Australia’s S&P/Asx 200 lost 15.40 points or 0.36 per cent to 4,289.20. China’s Shanghai Composite was down 1.21 points or 0.05 per cent at 2,527.50. Taiwan’s Taiex fell 26.28 points or 0.35 per cent to 7,499.37.