Asian stocks slipped on Wednesday after weaker crude oil prices took a toll on Wall Street, while the euro kept big gains after enjoying a boost from robust German economic growth.
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.16 percent.
Australian stocks dropped 0.48 percent and South Korea’s KOSPI shed 0.5 percent. Japan’s Nikkei lost 0.8 percent.
“The decline by U.S. equities led by energy shares is having a knock-on effect, dampening sentiment in sectors related to energy and industry,” said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management in Tokyo.
Source : Reuters