KOSPI

Asian stock markets mirror the positive close on the Wall Street and the European exchanges overnight.

Only the Indian and Australian were up following another down day for US markets.

Stock markets across rest of Asia were also down as IMF slashed its 2016 global growth forecast overnight.

Barring Japan, Asian stock markets in the green despite oil price worries after Iran sanctions were lifted.

Shares across Asia decline to their lowest levels since late 2011.

Apart from China, stock markets across Hong Kong, Australia, India, Japan and South Korea were trading lower.

Standard Chartered warns that oil prices could slide to $10 a barrel.

While India, Australia and Japan were trading in the red, Hong Kong and South Korea were in the green.

China's Shanghai Composite Index, which lost all of its 2015 gains last week, was at 3,098.04, down 2.77%.

Chinese markets were in the green following suspension of its circuit breaker by CSRC.

Stock markets in mainland China went into a trading halt for the second time this week.

The test added to investors' woes whose sentiment was already dampened because of the China slowdown.

People's bank of China revalued its yuan currency on 5 January at a much firmer rate than many had expected.

Weak China PMI and devaluation by People's Bank of China affect market sentiments.

Australia's S&P/ASX 200 advances for ninth straight session, but Chinese markets lose ground.

Australian shares up 0.9% as trading resumes following four-day holiday.

Amid lack of cues, market men look forward to the New Year.

Investors remain concerned about the extent of tightening the Fed could undertake in 2016.

Most Asian stock indices trade higher on positive US economic data.

Oil prices rebound in Asian trading hours but still remain weak.

Brent crude continues fall amid rising US Dollar Index.

For the overall week, Asian stock markets gained due to the depreciating Chinese yuan and the Fed's first rate rise.

The US Federal Reserve has announced a decision to increase its interest rates by 25 basis points to 0.5%.

A Fed policy meeting will end on 16 December, post which a rise in interest rates could be announced.

Oil prices rose in US trading session lifting some stock markets.

Chinese investors gained confidence after CFETS said the yuan could remain stable in medium to long term.

Upcoming Fed meeting where rate increase could be decided, continues to weigh on markets.

Likelihood of a rate increase by the US Fed also cast a shadow on the markets.

Recent data indicates that the Chinese factories are suffering from persistent producer price deflation.

Apart from oil, the continuing Chinese slowdown and fears of US Fed rate increase weigh on markets.