Asian shares lower as North Korea suspends talks, U.S. yields shoot higher

Asian Markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a major US-North Korean summit into question, and a spike in the US 10-year Treasury yield to a seven-year high knocked sentiment on Wall Street.

South Korea’s KOSPI was 0.4 percent lower, Japan’s Nikkei was down 0.3 percent and Australian stocks edged up 0.1 percent.

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