Asia trades lower amid Ukraine, COVID crises - Breaking The News
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Asia trades lower amid Ukraine, COVID crises

EPA-EFE/ALEX PLAVEVSKI

Major stock markets in the Asia-Pacific region traded lower on Monday after Shanghai revealed it has reached a new daily record in deaths related to COVID-19. Earlier, it was reported that Russian President Vladimir Putin is no longer interested in the negotiations about the conflict in Ukraine. Previously, North Korea said it is planning to maintain its relations with Russia.

Japan's Nikkei 225 went down by 1.92% at 4:22 am CET as the dollar lost 0.10% to the yen to sell for ¥128.4125. A minute later, South Korea's Kospi declined by 1.55%. Australia's S&P/ASX 200 was closed on Monday due to Anzac Day.

In mainland China, the Shanghai Composite decreased by 2.18% at 4:09 am CET, while the Shenzhen Composite fell by 2.70%. Meanwhile, Hong Kong's Hang Seng sank by 2.94% at 4:25 am CET.

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