The negative sentiment was evident in a strong yen. The U.S. dollar lost 0.3% against the Japanese currency overnight and fell further in
The Hang Seng Index in
Over the past two years, May has proved to be a period of weakness for Asian stocks. Last year, markets were hit by fears that the U.S. Federal Reserve was about to cut its bond-buying program, and in 2012 the euro-zone crisis rocked global markets.
Stocks have been more resilient this May, though the Nikkei is down 1.5% so far in the month.
In other markets;
Singapore's Straits Times Index dropped 9.90 points, or 0.3%, to 3,262.59
New Zealand NZX 50 index fell 8.77 points, or 0.2%, to 5,186.19
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