Asian equity markets traded mixed following the weak close on Wall St. where commodity weakness and prospects for a December rate hike weighed on sentiment. This saw pressure in the ASX 200 (-1.00%) with financials among the underperformers, after CBA reported a decline in net income and an increase in bad loan charges. Elsewhere, Nikkei 225 (+1.00%) was lifted as JPY remains weak, while strong results which saw Japan Tobacco (+7.17%) gain the most in a year and index heavyweight Fast Retailing supported after Uniqlo sales rose by over 5%. Chinese markets were also higher with the Shanghai Comp. (+2.85%) in bull-market territory, having gained over 20% from August lows amid strength in brokerages, while telecoms soared on reports that China was mulling reforms and mergers in the sector .