World Market Trading News & Update

• Asian equities extended losses into a third session on Wednesday following a selloff on Wall Street overnight and steady Chinese inflation data.
• China’s Shanghai Composite fell 4.25 points to 2,059.77
• Hong Kong’s Hang Seng declined 290.87 points or 1.24 percent to 23,250.51.
• Japan’s Nikkei 225 Average lost 60.86 points or 0.40 percent to 15,253.55.
• Singapore’s Straits Times slipped 13.30 points or 0.41 percent to 3,270.04
• South Korea’s Seoul Composite was down 9.36 points or 0.47 percent to 1,997.30.
• Taiwan Weighted lost 48 points or 0.50 percent to 9,482.98.

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