Asian markets today: Nikkei, Kospi trade lower amid rebound in crude oil prices

Asian markets traded lower on 23 June amid a rebound in crude oil prices after the US granted Iran a 60-day waiver to export oil, with Brent crude rising 0.2% to $78.03 a barrel. Japan's Nikkei 225 slipped 0.6% and South Korea's Kospi settled 2% lower, while Taiwanese shares hit a record high gaining 0.9%. Investors also weighed expectations that the Federal Reserve may adopt a more aggressive stance on inflation, while the MSCI Asia Pacific Index has surged 26% this quarter, outpacing the S&P 500's 14% gain.