Japanese stocks led losses in Asia markets on Tuesday, dragged by fresh strength in the yen after a local media report indicated the government's highly anticipated stimulus package may not live up to expectations. Other Asian markets slumped, tracking declines in US stocks after lower oil prices dragged on the energy sector on Monday.
The benchmark Nikkei 225 was down 1.36 percent, while the Topix dropped 1.35 percent. Across the Korean Strait, the Kospi was flat at 2,011.43. Down Under, the ASX 200 fell 0.36 percent, with a 2.17 percent drop in the energy sector. In Hong Kong, the Hang Seng index was down 0.32 percent in early trade, while Chinese mainland shares were flat.
"The energy space [in Asia] will be a key drag after the oil price crashed to a three-month low overnight," said Angus Nicholson, a market analyst at brokerage firm IG. "The materials space is unlikely to provide much lift either, after most industrial metals also headed lower."
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The benchmark Nikkei 225 was down 1.36 percent, while the Topix dropped 1.35 percent. Across the Korean Strait, the Kospi was flat at 2,011.43. Down Under, the ASX 200 fell 0.36 percent, with a 2.17 percent drop in the energy sector. In Hong Kong, the Hang Seng index was down 0.32 percent in early trade, while Chinese mainland shares were flat. 
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