Tokyo stocks lost ground for a second consecutive day on Wednesday as the yen advanced a little which disappointed the market's sentiment and a dismal overnight performance in the U.S. market also spurred the downside.
China's top securities regulator on Monday unveiled and put into effect rules to allow early shareholders of a company to sell their shares during an initial public offering.
Chinese shares jumped on Tuesday as the country's securities regulator is reportedly delaying resumption of an initial public offering (IPO), easing investors' concerns over market liquidity.
U.S. stocks rose on Monday, with the S&P 500 closing at a record high and the Nasdaq Composite Index ending at a high not seen since November 2000, boosted by upbeat housing data and tech shares.
U.S. stocks continued to retreat Thursday after Wednesday's slump, as weaker-than-expected economic data, soft health care and tech shares weighed on the market.
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