Asian shares slipped on Tuesday, dragged down by losses in Hong Kong and Shanghai, while the euro held near its highest level in a week after an orderly auction of Greek default insurance eased fears about the threat to the single currency posed by Greece.
Commodities were broadly weaker, with base and precious metals both edging down, while crude oil eased around half a percent on an improved supply outlook as Libyan exports are returning to pre-war levels faster than expected.
MSCI's broadest index of Asia Pacific shares outside Japan fell 0.5 percent, led by a fall of 0.8 percent in Shanghai stocks and a 0.7 percent decline for Hong Kong's Hang Seng index. Tokyo markets were closed for a holiday.
"Momentum is clearly stalling right now and in need of distinct signals, whether it be U.S. housing data pointing to a stable recovery or stronger indications of policy easing in China," said Kim Se-joong, an analyst at Shinyoung Securities in Seoul.
al khaliji opens new branch in Umm Lukhba
Al Khalij Commercial Bank (al khaliji) Q.S.C. Qatar's award winning Premium Bank, has opened a new full-service branch in Umm Lukhba close to Landmark shopping mall.
al khaliji's new Landmark buildi
Yuan conversion cap may be lifted
The 20,000 yuan daily conversion cap should be lifted when the "Shanghai-Hong Kong Stock Connect" launches in six months, said Financial Services Development Council head Laura Cha Shih May-lung.
New Zealand Credit Card Spending Rises 1.3%
Total credit card spending in New Zealand jumped a seasonally adjusted 1.3 percent on month in March, the Reserve Bank of New Zealand said on Wednesday - coming in at NZ$3.062 billion.