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5/3, 7:30 AM (Source: TeleTrader)
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Asia-Pacific trades lower with coronavirus in focus

Equities in the Asia-Pacific region traded lower on Monday after India saw another record daily rise in infections from COVID-19 during the weekend. Meanwhile, New Zealand Prime Minister Jacinda Ardern warned the differences between Wellington and China are "becoming harder to reconcile." In the meantime, North Korea threatened it will respond to the United States' "hostile" policies towards Pyongyang.

Hong Kong's Hang Seng went down by 1.44% at 7:23 am CET. At the same time, South Korea's Kospi declined by 0.59%. On the other hand, Australia's S&P/ASX 200 traded 0.09% higher at the close. Meanwhile, the dollar rose by 0.26% against the yen to sell for ¥109.6175 at 7:25 am CET.

Stock markets in Japan and mainland China were closed for the day due to, respectively, Constitution Memorial Day and Labor Day celebrations.

Breaking the News / JR