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Asian Markets Lower On Wall Street Lead, China Data

From rttnews.com

Asian stock markets are mostly lower on Wednesday, with the weak cues from Wall Street and the decline in crude oil prices denting investor sentiment. Meanwhile, soft inflation data from China added to concerns about the world's second-largest economy. Consumer prices in China were up 1.6 percent on year in September, the National Bureau of Statistics said on Wednesday. That was shy of forecasts for an increase of 1.8 percent and down from 2.0 percent in August. The bureau also said that producer prices fell 5.9 percent on year - in line with expectations and unchanged from the previous month. The Australian market ... (full story)

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