Pedestrians cross a street in front of the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo, Japan.
Toru Hanai | Bloomberg | Getty Images
Shares in the Asia-Pacific were mixed on Tuesday, while Taiwan's benchmark index dropped more than 4% on its return to trade after a holiday, as investors weighed the impact of new U.S. rules on chipmaker TSMC.
Japan and South Korea's markets also resumed trading after a holiday on Monday. The Nikkei 225 fell 2.6% and the Topix lost 1.9%. In South Korea, the Kospi fell 2.35% and the Kosdaq shed 4.3%.
Hong Kong's Hang Seng index fell 1.56% and the Hang Seng Tech index dropped 2.96%. In Australia, the S&P/ASX 200 gave up earlier gains and was about flat.
The Shanghai Composite in mainland China gained 0.4% and the Shenzhen Component rose 0.876%. MSCI's broadest index of Asia-Pacific shares outside Japan fell nearly 2%.
"Equities continue to sell off as the impact of tighter monetary policy spooks investors," ANZ Research analysts wrote in a note Tuesday.
Overnight on Wall Street, the Nasdaq Composite closed at its lowest since July 2020, down 1.04% at 10,542.10, dragged lower by a slump in semiconductor stocks.
The S&P 500 also slipped 0.75% to 3,612.39, while the Dow Jones Industrial Average shed 93.91 points, or 0.32%, to close at 29,202.88.
— CNBC's Carmen Reinicke and Alex Harring contributed to this report.
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October 11, 2022 at 11:47AM
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Taiwan stocks down more than 4% in mixed Asia trade as TSMC plunges 8% - CNBC
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