Asia Markets: Nikkei hits 4-month low as Asian markets continue selloff

Global stocks continued their selloff Wednesday, notably in financials, with Asian equities following up on the near-1% declines seen on Wall Street as a holiday-shortened trading week began there.

Tuesday was many U.S. market participants’ first opportunity to react to North Korea’s weekend claim of a successful hydrogen-bomb test, which sent Asian equities down on Monday; a number of markets there rebounded some on Tuesday.

The selling returned to Asia on Wednesday, though there weren’t big declines but rather a continuation of recent risk-off sentiment. The yen continued to hit one-week highs versus the dollar, for example.

Also not helping Tuesday’s U.S.

>>> Original Source <<<