ASIAN MARKET NEWS 28 JANUARY 2016

japan's Nikkei 225 was down 0.16 percent after falling as much as 1.01 percent following market open, while across the Korean Strait, the Kospi slipped 0.30 percent.

Down Under, the ASX 200 erased losses to trade up 0.53 percent, with the energy and materials sectors up 1.50 and 1.32 percent respectively.

Chinese markets opened in negative territory with the main Shanghai composite down 1.33 percent. The Shenzhen composite fell 1.83 percent and Hong Kong's Hang Seng index was flat.

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