Asian shares trade mixed and Kospi falls nearly 4% as oil prices keep swinging - Toronto Star

Asian shares traded mostly lower on Tuesday amid worries about the health of the global economy, with South Korea’s benchmark Kospi index falling more than 3.9% in early trade. The fall in Asian markets came as oil prices continued to swing wildly following a surprise cut to US crude inventories over the weekend. Crude prices had earlier fallen sharply but rebounded later in the session after the latest data on US energy inventories showed smaller-than-expected increases. In Seoul, the Kospi closed down 3.9% at 2,156.04 points, with Samsung Electronics and Hyundai Motor among the biggest los…