Global Markets Today: Asian markets opened on a lower note on Friday, mirroring Wall Street’s overnight losses as concerns over the banking sector and rising trade tensions deepened.
In the US, shares of regional lenders and investment bank Jefferies slumped on Thursday amid worries about potential bad loans.
Australia’s S&P/ASX 200 fell 0.36 per cent at the open, while Japan’s Nikkei 225 slipped 1 per cent and the broader Topix index dropped 0.75 per cent. South Korea’s Kospi edged down 0.48 per cent, with the Kosdaq easing 0.13 per cent.
Meanwhile, futures for Hong Kong’s Hang Seng Index stood at 25,862 — slightly below the previous close of 25,888.51.
(This is a developing story)
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