Asian markets mixed after next trade talks date set

Friday, 27. September 2019 07:56

Major stock markets in the Asia-Pacific region were mixed on Friday following media reports the trade talks between the United States and China will continue on October 10. Meanwhile, in business news, tech giant Baidu Inc. announced it was selling a third of its shares online travel firm International Ltd. South Korean Samsung Electronics Co. Ltd. said it will offer quick loans to potential smartphone buyers in order to boost its sales in India. US news claimed Apple Inc. was considering doubling its investment in its liquid crystal display supplier Japan Display Inc.

The Nikkei 225 tumbled 1.02% at 7:53 am CET, while the dollar was down by 0.08% against the yen to go for 107.7540 at 7:53 am CET.

In Mainland China, the Shanghai Composite was up 0.23% at 7:52 am CET, while the Shenzhen Composite rose 0.98% a minute later. Hong Kong's Hang Seng lost 0.17% at 7:53 am CET.

The South Korean Kospi decreased 1.28% at 7:34 am CET, while Australia's S&P/ASX 200 climbed 0.53% at 7:54 am CET.

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Breaking the News / MD