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Asian Markets Mostly Lower On Coronavirus Concerns


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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Japanese Market Loses


Japanese Market Loses
TOKYO (dpa-AFX) - The Japanese stock market is losing on Tuesday following the mixed cues from Wall Street as optimism about coronavirus vaccines was offset by concerns about the impact of new lockdown measures due to the surging coronavirus cases in the U.S.
Japanese Prime Minister Yoshihide Suga s announcement that the Go To Travel domestic tourism campaign will be suspended nationwide from December 28 to January 11 also dampened sentiment. The announcement comes amid record-breaking coronavirus cases emerging in Japan almost daily since late October.
The benchmark Nikkei 225 Index is down 69.44 points or 0.26 percent to 26,663.00, after touching a low of 26,634.74 earlier. The Japanese market closed higher on Monday. ....

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