Major stock market indexes in the Asia-Pacific region traded lower on Thursday after North Korea said it fired another long-range cruise missile. The country's most recent tests caused concerns in South Korea and the United States. Meanwhile, it was reported that US semiconductor suppliers began leaving China's chipmaking companies due to the sanctions President Joe Biden's administration is planning to impose on 31 technology firms from the Asian country.
Japan's Nikkei 225 went down by 0.55% at 4:16 am CET as the dollar stood flat against the yen to sell for ¥146.8570. South Korea's Kospi dropped by 0.96% at 4:17 am CET. At the same time, Australia's S&P/ASX 200, on the other hand, rose by 0.07%.
In mainland China, the Shanghai Composite decreased by 0.29% at 4:02 am CET. The Shenzhen Composite fell by 0.29% at 4:18 am CET. In Hong Kong, the Hang Seng dipped by 1.10% at 4:19 am CET.
