Tokyo, Japan (BBN)-Japanese shares lost ground following falls on Wall Street ahead of weak US economic data expected this week.
Expectations that the US Federal Reserve might raise interest rates in June was also weighing down Asian investor sentiment, reports BBC.
The region’s largest market, Tokyo’s Nikkei 225, fell by 0.6 per cent to 16,555.19 points.
Nissan shares fell 0.8 per cent after reports suggested the company might sell its stake in auto supplier Calsonic Kansei.
The sale would generate cash to help develop electric cars and artificial intelligence, the Nikkei newspaper reported.
Last month Nissan took a 34 per cent stake in Mitsubishi Motors to support the embattled company after it admitted falsifying fuel consumption figures.
Major foreign car parts makers, as well as US and European investment funds, appear to be interested in the stake, the Nikkei reported.
In China, the mainland Shanghai Composite lost 0.3 per cent to 2,837.39 points, while Hong Kong’s Hang Seng was flat at 19,783.56 points.
South Korea’s Kospi also fell slightly, losing 0.4 per cent to 1,946.95 points.
In Australia, the ASX/200 traded flat at 5,312.5 points.