Asia markets mixed on EU-Italy spat

ASIAN markets continued to trade mixed on Wednesday as a growing spat between Italy and the European Union fans fears of another crisis in the eurozone.

Last week, the Italian government moved to pass a budget that drew the ire from Brussels and warnings to abide by the bloc's rules on public spending.

This prompted Italian deputy prime minister Matteo Salvini to threaten to seek damages for scaring off investors.

Oil prices continue to hold at four-year highs but appear to ease after recent gains.

In the region, markets in China and South Korea were closed for public holidays.…