Asian markets mostly down, Tokyo hit by BoJ decision

HONG KONG: Asian markets mostly fell on Tuesday following the previous day's rally, with Tokyo tumbling more than two percent at one point after the Bank of Japan failed to announce any new stimulus measures.

The dollar lost ground against the yen as dealers were left disappointed by the Japanese central bank, while Wall Street's lead was anaemic despite news that Standard & Poor's had upgraded its debt rating outlook on the United States.