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Asia Markets: Asian markets lower amid weight of global uncertainties

Asian shares were lower Wednesday amid continuing global uncertainties that weighed on stocks as some traders took profits from a rally earlier in the week.

Japan’s benchmark Nikkei 225 NIK, -0.99% dropped 1.4% in morning trading and Australia’s S&P/ASX 200 XJO, -0.22% lost 0.6%. South Korea’s Kospi SEU, -0.25% slipped 0.9%. Hong Kong’s Hang Seng HSI, -0.46% fell 0.5%, while the Shanghai Composite SHCOMP, -0.52% dipped 0.7%. Taiwan’s benchmark Y9999, +0.29% was about flat, while indexes in Singapore STI, -0.68% and Indonesia JAKIDX, -0.20% fell.

Among individual stocks, SoftBank 9984, -0.42% and Toyota 7203, -0.50% fell in Tokyo trading.

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