Asia trades mixed amid US-China tensions

Thursday, 21. May 2020 07:29

Stocks in Asia-Pacific were mixed in afternoon trading on Thursday as investors focused on the tensions between the United States and China. US President Donald Trump accused Beijing of leading a "massive disinformation campaign" on the coronavirus outbreak. Market watchers also digested Japanese trade balance figures and awaited PMI data from Europe and the US.

The Nikkei 225 added 0.05% at 7:22 am CET. The dollar was up 0.09% against the yen to sell for 107.6465 at 7:23 am CET.

Hong Kong's Hang Seng dipped 0.05% at 7:26 am CET. In mainland China, the Shanghai Composite was flat at 7:11 am CET, while the Shenzhen Composite declined 0.22% at 7:11 am CET.

In South Korea, the Kospi jumped 0.63% at 7:27 am CET and Australia's S&P/ASX 200 increased 0.10% at 7:27 am CET.

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Breaking the News / NP