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Japan stock market spooked by Ebola worries | |
(about 5 hours later) | |
Asian markets ended mostly higher on the first full trading day after the Christmas break. | |
The Nikkei 225 fell 0.5% to 17,729.8 points, spooked by news that a man who recently arrived from Sierra Leone is being tested for the Ebola virus. | |
If the test is positive, it would be Japan's first case of the deadly disease. | If the test is positive, it would be Japan's first case of the deadly disease. |
The dollar was at 120.20 yen, within sight of its seven-and-a-half year high of 121.86 set earlier this month. | The dollar was at 120.20 yen, within sight of its seven-and-a-half year high of 121.86 set earlier this month. |
Budget airline tumble | Budget airline tumble |
In Malaysia, shares of Kuala Lumpur-listed AirAsia plunged 12% after news its plane flying from Indonesia to Singapore had gone missing on Sunday. | |
That marked the budget airline's biggest one day drop in more than three years. | |
Its Airbus A320-200 disappeared over the Java Sea en route to Singapore from Surabaya and authorities are still searching for the aircraft. | Its Airbus A320-200 disappeared over the Java Sea en route to Singapore from Surabaya and authorities are still searching for the aircraft. |
China shares rallied after state media reported that the country's central bank had further eased monetary policy over the weekend. | China shares rallied after state media reported that the country's central bank had further eased monetary policy over the weekend. |
The benchmark Shanghai Composite ended up 0.33%, having risen more than 1.4% during the session, at 3,168. Hong Kong's Hang Seng index rose 1.8% to 23,773. | |
News from government agency State Information Centre that China's growth is expected to slow to 7% next year from a forecast 7.3% this year did little to dent investor sentiment. | News from government agency State Information Centre that China's growth is expected to slow to 7% next year from a forecast 7.3% this year did little to dent investor sentiment. |
In Australia, shares hit a seven week high in thin holiday trading. | |
The benchmark S&P/ASX 200 closed up 1.47% at 5,473.8, with shares of iron ore miner Fortescue Metals jumping 7.5%. | |
BHP Billiton and Rio Tinto both gained 2.5% even though iron ore prices dropped to a five-year trough last week. | BHP Billiton and Rio Tinto both gained 2.5% even though iron ore prices dropped to a five-year trough last week. |
South Korea's Kospi index finished down at 1,927.86 points. | |