
Asian shares declined Wednesday after stocks tumbled on Wall Street as worries persist about higher interest rates and their tightening squeeze on the global economy.
Tokyo's benchmark Nikkei 225 dipped 1.4% in afternoon trading to 27,102.21. Australia's S&P/ASX 200 slipped 0.3% to 7,314.50. South Korea's Kospi dropped 1.6% to 2,419.15. Hong Kong's Hang Seng slipped 0.3% to 20,461.32, while the Shanghai Composite shed 0.6% to 3,287.64.