Asian markets today, May 28 -- Asian markets opened lower on Thursday, 28 May, as investors weighed mixed developments surrounding the ongoing US-Iran negotiations amid a fragile ceasefire.

South Korea's Kospi slipped 0.29%, while the small-cap Kosdaq index declined 0.25%. Japan's Nikkei 225 dropped 0.76%, with the Topix also trading 0.71% lower. Meanwhile, Australia's S&P/ASX 200 fell 0.75%.

Back home, the Indian stock market will remain closed for trading today on account of Bakrid. On Wednesday, the Sensex ended 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 slipped 7 points, or 0.03%, to close at 23,907.15.

US Secretary of State Marco Rubio said discussions with Iran have shown some progress and stressed that Washingt...