From MarketWatch:
HONG KONG (MarketWatch) — Most Asian markets ended lower Wednesday, as concerns China may step up its tightening measures to cool a rapidly growing economy hit banking and resource shares hard.
Several other regional markets also reversed direction or pared early gains made after a strong finish on Wall Street, after the Chinese banking regulator said the nation’s banks were expected to make fewer loans this year than in 2009. Japan’s Nikkei 225 and Taiwan’s Taiex fell 0.3% each, while Australia’s S&P/ASX 200 ended 0.1% up — well off the day’s high. Link to article…
