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8/8, 7:28 AM (Source: TeleTrader)
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Asia-Pacific trades mostly higher with Taiwan in focus

Major stock market indexes in the Asia-Pacific region traded mostly higher on Monday after Taiwan claimed China has sent 14 ships and 66 aircraft in its direction. In response, Beijing asserted the island is a part of China and not the United States. The Asian country later noted that suspending the communication with Washington's military officials was "necessary" due to the ongoing tensions.

Japan's Nikkei 225 went up by 1.22% at 7:23 am CET as the dollar gained 2.00% to the yen to sell for ¥135.2665. At the same time, South Korea's Kospi advanced by 0.79%. A minute later, Australia's S&P/ASX 200 rose by 0.12%.

In mainland China, the Shanghai Composite grew by 0.15% at 7:09 am CET. The Shenzhen Composite expanded by 0.51% at 7:11 am CET. On the other hand, Hong Kong's Hang Seng fell by 0.76% at 7:26 am CET.

Baha Breaking News (BBN) / JR