Asia-Pacific markets fell Tuesday, led by declines in Japan and South Korean benchmark indexes, following a tech-led slide on Wall Street.
In Japan, the Nikkei 225 crumbled 1,620.93 points, or 3.2%, to 48,702.98
In Hong Kong, the Hang Seng let go of 454.25 points, or 1.7%, to 25,930.03.
Yields on Japan’s 20-year government bonds rose almost 4 basis points to 2.78%, the highest since July 1999, data from LSEG showed. Yields on the 10-year government bond rose around two basis points to 1.751%.
In other markets
The CSI 300 in Shanghai fell 29.86 points, or 0.7%, to 4,568.19,
In Korea, the Kospi turfed 135.63 points, or 3.3%, to 3,953.67.
In Singapore, the Straits Times Index subtracted 38.92 points, or 0.9%, to 4,504.67
In Taiwan, the Taiex cratered 691.19 points, or 2.5%, to 26,756.12
In Australia, the ASX 200 dumped 167.26 points, or 1.9%, to 8,469.14
In New Zealand, the NZX 50 fell 156.22 points, or 1.2%, to 13,342.82,