Overnight, US stocks had fallen sharply in reaction to Beijing's surprise decision, leading to a negative start to morning trading across Asia.
In Japan, the Nikkei 225 index, closed down 1.6% at 20,392.77.
South Korea's benchmark Kospi index ended the day down 0.6% at 1,975.47.
However, Korean carmakers bucked the downward trend. Strong sales figures for Kia and Hyundai helped shares in both of their companies rose by more than 5%.
Also, feeling the aftershocks of China's surprise move, the Australian S&P/ASX 200 index finished 1.7% lower at 5,382.10.
Shares in the country's biggest bank, the Commonwealth Bank of Australia, were halted from trading as the lender announced a A$5bn capital-raising in order to meet stricter regulatory requirements.
Overnight, US stocks had fallen sharply in reaction to Beijing's surprise decision, leading to a negative start to morning trading across Asia.In Japan, the Nikkei 225 index, closed down 1.6% at 20,392.77.South Korea's benchmark Kospi index ended the day down 0.6% at 1,975.47.However, Korean carmakers bucked the downward trend. Strong sales figures for Kia and Hyundai helped shares in both of their companies rose by more than 5%.Also, feeling the aftershocks of China's surprise move, the Australian S&P/ASX 200 index finished 1.7% lower at 5,382.10.Shares in the country's biggest bank, the Commonwealth Bank of Australia, were halted from trading as the lender announced a A$5bn capital-raising in order to meet stricter regulatory requirements.
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