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2/11, 7:27 AM (Source: TeleTrader)
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Asia trades higher as China's firms resume work

Shares on the Asian markets traded higher on Tuesday as Chinese officials declared that most of the companies in the country resumed work this week despite the still ongoing coronavirus outbreak. The official data showed that the coronavirus death toll surpassed 1,000, while over 43,000 infected cases were registered. Meanwhile, the World Health Organization's medical experts arrived in China to investigate the virus.

The South Korean Kospi Composite surged 1.00% at 7:22 am CET. In mainland China, the Shanghai Composite added 0.72% at 7:10 am CET and the Shenzhen Composite gained 0.60% at 7:24 am CET. Hong Kong's Hang Seng soared 1.36% at 7:22 am CET. Australia's S&P/ASX 200 closed 0.61% higher. The Tokyo Stock Exchange was closed due to holidays.

The dollar traded 0.14% higher compared to the yen at 7:19 am CET, going for 109.9045.

Breaking the News / ND