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Currencies

Kospi, Nikkei Drop Sharply

Equities in the Asia-Pacific region were decidedly mixed Tuesday, weighed largely by issues in Japan and Korea.

In Japan, the Nikkei 225 caved 1,253.40 points, or 1.8%, to 67,777.52

In Hong Kong, the Hang Seng Index gained 74.02 points, or 0.3%, to 24,345.22.

In other markets;

In Shanghai, the CSI dipped 12.3 points, or 0.3%, to 4,275.68.

In Singapore, the Straits Times index regained 15.02 points, or 0.3%, to 5,430.50.

In Korea, the Kospi index dived 348.89 points, or 5.5%, to 6,035.35.

In Taiwan, the Taiex index tumbled 960.65 points, or 2%, to 48.341.31.

In New Zealand, the NZX 50 lost 78.02 points, or 0.6% to 13,749.60

In Australia, the ASX 200 inched higher 0.73 points, or 0.01%, to 8,783.90