SINGAPORE — Shares in Asia-Pacific were mixed in Thursday morning trade as investors in Asia-Pacific continue monitoring the situation surrounding China Evergrande Group.
South Korea's Kospi, returning to trade from holidays earlier in the week, slipped 0.8%. The S&P/ASX 200 in Australia edged 0.19% higher.
MSCI's broadest index of Asia-Pacific shares outside Japan traded 0.13% lower.
Questions remain over whether embattled Chinese developer Evergrande will pay the interest due on a dollar-denominated bond on Thursday. Hong Kong markets will resume trading today after a holiday on Wednesday.
Markets in Japan are closed on Thursday.
Overnight stateside, the Dow Jones Industrial Average jumped 338.48 points to 34,258.32 while the S&P 500 gained 0.95% to 4,395.64. The Nasdaq Composite advanced 1.02% to 14,896.85.
Those gains on Wall Street came as the U.S. Federal Reserve on Wednesday held steady on interest rates and said the tapering of bond purchases is coming "soon."
Currencies and oil
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 93.485 following a recent spike from around 93.
The Japanese yen traded at 109.80 per dollar after weakening yesterday from below 109.5 against the greenback. The Australian dollar changed hands at $0.7232, below levels around $0.728 seen earlier in the week.
Oil prices were lower in the morning of Asia trading hours, with international benchmark Brent crude futures down 0.3% to $75.96 per barrel. U.S. crude futures shed 0.32% to $72 per barrel.
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September 23, 2021 at 06:41AM
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Asia-Pacific stocks mixed as investors continue watching Evergrande situation - CNBC
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