In the broader markets, South Korea’s Kospi slipped 0.98%, Japan’s Nikkei 225 declined 0.55%, Hong Kong’s Hang Seng index dropped 0.72% and the Topix index shed 0.47%.
Mainland Chinese stocks were marginally higher, with the Shanghai Composite up 0.10%. Also, shares in Australia edged higher, with the S&P/ASX 200 gaining 0.58%.
According to the country’s National Bureau of Statistics, China’s consumer price index rose 1.7% in September compared to a year ago.
Overnight stateside, stocks fell for a second day as a stalemate in coronavirus stimulus talks dragged on. The Dow Jones Industrial Average slipped 165.81 points, or 0.6%, to close at 28,514. The S&P 500 finished its trading day 0.7% lower at 3,488.67 while the Nasdaq Composite slid 0.8% to close at11,768.73.
Further, European stocks closed lower on Wednesday with the Stoxx 600 down by 0.1%.