Asian markets declined on Wednesday following a congressional testimony from the Federal Reserve's new chief.
Losses in Asia, which were initially slighter than declines seen stateside, steepened as the session progressed.
The Nikkei 225 declined 226.7 points, or 1.01 percent, paring some of its recent gains. The index slipped further into negative territory as the yen firmed during the session.
Manufacturers, technology, automakers and financials traded in negative territory. Among large caps, Honda Motor fell 1.71 percent, SoftBank Group dropped 1.93 percent and Fast Retailing lost 1.99 percent.
Source: cnbc
Losses in Asia, which were initially slighter than declines seen stateside, steepened as the session progressed.
The Nikkei 225 declined 226.7 points, or 1.01 percent, paring some of its recent gains. The index slipped further into negative territory as the yen firmed during the session.
Manufacturers, technology, automakers and financials traded in negative territory. Among large caps, Honda Motor fell 1.71 percent, SoftBank Group dropped 1.93 percent and Fast Retailing lost 1.99 percent.
Source: cnbc
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