Asian Market Update

Asian markets staged a mild recovery Wednesday, but traders remained nervous after oil prices hit new five-and-a-half-year lows and Greek political turmoil sent the euro skidding.

More losses on Wall Street and in Europe kept investors on edge as they awaited the release of US Federal Reserve minutes later in the day and jobs data on Friday.

Tokyo added 0.54 per cent by the break, Hong Kong was flat, Shanghai gained 0.51 per cent and Seoul put on 0.18 per cent while Sydney was 0.40 per cent lower.