Asian shares retreated today, deflated by steep profit declines at US financial companies that sent Wall Street lower.
Japan's Nikkei 225 stock average led the region's decline, shedding 1.1% to 10,440.00 as investors sold banking stocks.
South Korea's Kospi lost 0.5% to 2,105.23 and Australia's S&P/ASX 200 was down 0.8% at 4,799.5.
Benchmarks in mainland China, Taiwan, Singapore and New Zealand also fell.
In New York yesterday, stocks suffered their largest one-day decline since November after Goldman Sachs said its earnings fell 53% in the last quarter.
The company blamed a slowdown in its trading and investment banking businesses.
