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Asian markets shrink as trade fears warm CNBC
– Asia-Pacific equities declined in morning trading. – Wall Street shares plunged last Friday, as volatility increased after the collapse of trade talks with China and rhetoric took an even more serious turn. Asian stocks fell on Monday morning in trade because of growing concerns about the state of world trade. In Japan, the Nikkei 225 sold 1.21% at the beginning of trading while heavyweights in the index, Softbank Group and Fanuc, saw their shares fall by more than 2% each. The Topix index also lost 1.16%. In South Korea, Kospi has traded slightly lower, as LG Chem shares have lost more than 1%. In Australia, the …
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