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Asian Markets Mostly Lower On Coronavirus Concerns CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Tuesday as optimism about coronavirus vaccines was offset by worries about the impact of new lockdown measures amid the surging coronavirus cases in the U.S. and other parts of the world. While the coronavirus death toll in the U.S. reached 300,000, coronavirus cases are surging in Japan and South Korea. Meanwhile, Germany, London, the Netherlands and the Czech Republic are imposing stricter lockdowns. The Australian market is declining following the mixed cues from Wall Street. Worries about rising Australia-China tensions also weighed on the market following reports that China has formally banned imports of Australian coal.

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