Asia markets were largely negative on Wednesday, after Wall Street posted losses on its first trading day of the month, and as emerging markets sold off overnight.
In Japan, the Nikkei 225 plummeted 116.07 points, or 0.5%, to 22,580.83, with its automakers in focus from concerns over the impact of a typhoon on their operations. Toyota ended the trading day lower by 0.8% while Nissan was down by 1%. Both the automakers had earlier told media outlets that, as of Tuesday night, the typhoon had no sustained impact on operations.
The Japanese yen was largely flat against the U.S. dollar at 111.44 yen.
In Hong Kong, the Hang Seng was pummeled 729.49 points, or 2.6%, to 27,243.85
Korean markets headed south, with industry heavyweight Samsung Electronics shedding 2.2%.
Australian markets fell, continuing the downward trend of the day. The Australian dollar lost its earlier gains and was 0.1% lower against the greenback at $0.7170
In Asia, emerging currencies succumbed to a selloff again on Tuesday, with currencies tumbling across the board — some to new record lows.
In other markets
In Shanghai, the CSI 300 lost 65.76 points, or 2%, to 3,298.14
In Singapore, the Straits Times STI index slumped 54.23 points, or 1.7%, to 3,156.28
In Korea, the Kospi index ditched 23.95 points, or 1%, to 2,291.77
In Taiwan, the Taiex index dropped 26.25 points, or 0.2%, to 10,995.13
In New Zealand, the NZX 50 slouched 64.15 points, or 0.7%, to 9,228
In Australia, the ASX 200 subtracted 62.63 points, or 1%, to 6,230.45
