Mubasher: Japanese stocks reversed the upward trend they maintained for two sessions on Tuesday amid fears over global economy after oil prices drop.
Japan's Nikkei 225 fell 2.3% to reach 16,708 points.
Tokyo’s broader Topix index levelled down 2.3% to reach 1,360 points.
Oil prices fell to $30 per barrel after rebounding from 12-year low.