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9/22, 7:21 AM (Source: TeleTrader)
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Asia mostly down on virus concerns, US-China spat

Shares on the major stock markets in the Asia-Pacific region traded mostly lower on Tuesday as the fears of the coronavirus' second wave mounted among the traders. Adding to the sentiment, United States President Donald Trump reiterated that the relationship between the US and China has deteriorated in the past months, accusing Beijing of not doing enough to stop the pandemic, and boasting the supremacy of the American weaponry.

The Shanghai Composite fell by 0.38% at 7:14 am CET, while the Shenzhen Composite grew by 0.11% a minute later. Hong Kong's Hang Seng slid 0.51% at 7:17 am CET. Meanwhile, in South Korea, the Kospi Composite dipped 2.31% at 7:18 am CET, while the Australian S&P/ASX 200 lost 0.54% at the same time. Japan's Nikkei 225 was closed due to a public holiday.

The dollar traded 0.12% lower versus the yen at 7:19 am CET, selling for ¥104.5230.

Breaking the News / BU