Asian stock markets were down due to rising concerns over tensions between Russia and Ukraine. The Japanese index Nikkei 225 declined caused by a strong yen and the weaker-than-expected earnings of some companies. The Japanese stock market will be closed for a public holiday tomorrow.

The stock indexes in China and Hong Kong dropped amid increasing concerns over new initial public offering listings.

Indexes on the close:

Nikkei 225                    14,288.23      -141.03      -0.98%

Hang Seng                   22,132.53     -91.00        -0.41%

Shanghai Composite    2,003.49       -33.03        -1.62%

Honda Motor Co. shares declined 4.5% because of the worse-than-expected earnings forecast for the fiscal year ending March 31, 2015.

Nippon Sheet Glass was down over 8%.

Newcrest Mining increased 5.7%.

Yahoo Japan Corp. dropped 6.2% after announcing earnings missed the company’s own forecast.

Japan Display Inc. shares, supplies screens to Apple Inc., were down 16% after reporting earnings missed the company’s own forecast for the fiscal year ending March 31, 2014.