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Sumitomo Osaka Cement signs agreement on Setouchi - Shikoku CO2 Hub

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, giving up some of the gains in the previous three sessions, with the Nikkei 225 staying above the 32,300 level, following the broadly negative cues from global markets overnight, with weakness exporters and financial stocks partially offset by gains in technology stocks.

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, weighed down by concerns about the health of the US banking sector and broader economy after the downward revision in the ratings of ten smaller and midsize US banks by Moody's, with warning that six big banks might be downgraded as well.

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