Asian stocks trade lower as inflation woes linger
Shares in the Asia-Pacific region traded with losses on Wednesday, as worries related to the spread of COVID-19 and inflation seemingly mounted among traders.
Shares in the Asia-Pacific region traded with losses on Wednesday, as worries related to the spread of COVID-19 and inflation seemingly mounted among traders, Baku Tribune reports citing Breaking News.
In other news, the United States reiterated its readiness to enhance the political dialogue with North Korea.
Japan's Nikkei 225 went down by 0.25% at 7:26 am CET, while the dollar slid 0.11% against the yen, going for ¥114.0375 at the same time. The Australian S&P/ASX 200 closed almost flat, gaining 0.07%. At 7:27 am CET, Hong Kong's Hang Seng tumbled 1.66%, with South Korea's Kospi surrendering 0.78% a minute later. In mainland China, the Shanghai Composite dipped 0.88% at 7:13 am CET, with the Shenzhen Composite concurrently dropping 1.13%.
The Rocket and Artillery formations of the Azerbaijan Army conduct live-fire exercises in accordance with the combat training plan for 2021, the Ministry of Defense of Azerbaijan told Baku Tribune.
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