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Asian Markets Mostly Lower Amid Cautious Trades

Asian Markets Mostly Lower Amid Cautious Trades CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Thursday following the negative cues from Wall Street after a sell-off in tech stocks. Investors remained cautious as they monitored the slowing progress of U.S. stimulus talks and a stalemate in Brexit negotiations. British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen have agreed to continue talks over the next few days. The Australian market is declining after seven straight days of gains as U.S. stocks closed lower overnight. Investors also digested news that the Australian government s controversial cashless welfare scheme has been extended for another two years.

Japanese Market Modestly Lower

Japanese Market Modestly Lower
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