Asian markets reportedly fell on October 8 as Brent crude topped $103 a barrel

A post citing The Independent reported that Japan’s Nikkei fell 0.9% and South Korea’s Kospi lost 0.8% during October 8 morning trading, with markets in Hong Kong, China, Taiwan and Australia also declining. It said Brent crude had climbed above $103 a barrel and U.S. Treasury yields had reached their highest levels since 2002, describing higher fuel costs and tighter financial conditions as a double blow for energy-importing Asian economies.