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9/17, 7:31 AM (Source: TeleTrader)
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Asian markets sink as BoJ holds interest rates

Equities on major stock markets in the Asia-Pacific region traded lower on Thursday after the Bank of Japan (BoJ) decided to keep its interest rates unchanged, noting the country's economy started to bounce back from the coronavirus crisis but it "has remained in a severe situation."

Meanwhile, a resurgence in COVID-19 infections across the globe continued to loom over the economic recovery as the number of confirmed cases surpassed 30 million worldwide.

The Nikkei 225 surrendered 0.63% at 7:30 am CET, while the Hang Seng and the Kospi dropped 1.45% and 1.22% at the same time, respectively. The Shanghai Composite slipped 0.77% at 7:29 am CET while the Shenzhen Composite lost 0.61% concurrently. The S&P/ASX 200 in Australia went down by 1.01% at the same time.

The dollar increased by 0.08% against the yen, trading for 105.0390 at 7:28 am CET.

Breaking the News / GA