investors continue watching Evergrande situation
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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.
The MSCI’s Asia-Pacific share index outside Japan was 0.13% less.
Questions remain over whether embattled Chinese developer Evergrande will pay the interest due on a dollar-denominated bond on Thursday. Hong Kong markets will trade today, following a Wednesday holiday.
Japan’s markets are closed for trading on Thursday.
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 Oil prices fell by 0.32%, to $72 per barrel.
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