Shares of Tencent fell 2.7%, and shares in CATL, the world’s largest EV battery maker, dropped 1.7%. Both companies were included in a list released by the U.S. Defense Department linking them to China’s military. In South Korea, the Kospi jumped 1.2% ...

Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity. U.S. futures and oil prices were higher.

Good news on the U.S. economy may be no longer be good for Wall Street, and U.S. stock indexes are slipping Tuesday following better-than-expected reports on the job market and business activity. The S&P 500 swung to a dip of 0.