Asian Market Update

Asian markets slipped on Tuesday following the previous day's healthy gains, while the euro struggled against the dollar as Greece plunged back into crisis, rekindling fears of a possible exit from the eurozone.

With investors winding down for the end of the year, Wall Street provided a mixed lead, although the S&P 500 topped out at a new record high.

Oil prices ticked up slightly but remain stuck near five-year troughs as ongoing worries about oversupply combine with concerns over the global economic outlook.

Tokyo fell 0.17 per cent, Hong Kong lost 0.19 per cent, Sydney shed 0.50 per cent, and Seoul eased 0.36 per cent and Shanghai gave up 0.41 per cent.