In the U.S., stocks closed lower, with big name tech stocks pulling back once more after falling earlier in the week.

The Dow Jones industrial average shed 0.07 percent or 14.66 to close at 21,359.9, the S&P 500 dipped 0.22 percent or 5.46 points to end at 2,432.46 and the Nasdaq declined 0.47 percent or 29.39 points to finish at 6,165.5.

Oil prices declined for a second consecutive session overnight. Brent crude settled 8 cents lower at $46.92 a barrel, near six-month lows. U.S. crude settled 27 cents down at $44.46.

The dollar was firmer overnight after five straight sessions of declines. The dollar index, which measures the dollar against a basket of six major currencies, traded at 97.464 at 6:30 a.m. HK/SIN. Against the yen, the dollar traded at 110.88, compared to the 109 handle seen in the previous session.

In economic news, the Bank of Japan will conclude its two-day meeting today. The central bank is widely expected by markets to keep its policy steady with asset purchases of 80 trillion yen annually.

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