Asia trades mixed as virus count rises

Wednesday, 26. August 2020 07:29

Stocks on the major Asian markets traded lower on Wednesday as the number of COVID-19 infections continued to rise, topping 24 million cases earlier today.

At the same time, reports emerged hinting that the United States could accuse China of genocide over its Muslim Uyghur minority group.

The Shanghai Composite dropped 1.15% at 7:21 am CET, while the Shanghai Composite fell 0.79% at the same time. Both Hong Kong's Hang Seng and Japan's Nikkei 225 traded flat at 7:23 am CET, while South Korea's Kospi concurrently added 0.14%. The Australian S&P/ASX 200 declined by 0.68% at 7:25 am CET, while the dollar stood flat against the yen a minute after that, selling for ¥106.3725.

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Author:
Breaking the News / BU