Asian stocks dropped Wednesday, as concerns over the European economy and international conflicts grew.
Traders said sentiment had also been hit by news that several huge mergers had collapsed, including 21st Century Fox's bid for Time Warner and that of Japanese-controlled US wireless operator Sprint for T-Mobile.
"A perfect storm of low volumes, geopolitical worries and pulled mergers is conspiring to keep markets on the back foot," said Chris Beauchamp, market analyst at IG trading group.
Tokyo fell 0.21 per cent by the break while Hong Kong slipped 0.35 per cent and Sydney was down 0.30 per cent. Seoul also dipped 0.10 per cent while Shanghai was flat.
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