Asian markets slip, yen advances against dollar

Asian markets mostly fell on Wednesday morning, with few catalysts to drive buying after recent gains, while Wall Street provided a limp lead.

The yen edged up slightly as investors weighed reports that Japan’s main opposition party will vote against one of the government’s nominations for deputy governor of the country’s central bank.

Tokyo fell 0.15 per cent, Hong Kong lost 0.47 per cent, Shanghai was off 0.33 per cent and Sydney slipped 0.29 per cent but Seoul gained 0.20 per cent.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1189732/asian-markets-slip-yen-advances-against-dollar