Asian Markets Mostly Lower as Hopes Fade for New US COVID-19 Relief Bill


Source: voanews.com voanews.com

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Asian markets are mostly lower Tuesday as hopes for a new U.S. coronavirus financial relief package steadily fade among investors. The Nikkei index in Tokyo closed 0.4% lower. Sydney’s S&P/ASX index dropped 0.7%, while Taiwan’s TSEC index lost 0.3%. The KOSPI index in Seoul, however, gained 0.4%. In late afternoon trading, Hong Kong’s Hang Seng index is down 0.1%, Shanghai’s Composite is up 0.2%, and Mumbai’s Sensex is up 0.7%. U.S. House Speaker Nancy Pelosi has set a Tuesday deadline for a final agreement with the Trump administration over a new stimulus package. Pelosi said Monday the two sides have...