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Asian Markets Trading Higher

VOA News

   Asian markets Tuesday were on the upswing thanks to
   better-than-expected economic news from China.

   Japan's benchmark Nikkei index was trading well over 2.5% in late
   afternoon trading, while the KOSPI was up nearly 2%, and Australia's
   S&P/ASX was more than 1% higher. Hong Kong and Shanghai were both
   trading nearly 1% higher.

   Beijing announced Tuesday that its global exports fell 11.4% in the
   first three months of 2020 compared to a year earlier, as measured in
   Chinese currency terms, although it was much smaller than the expected
   14% drop predicted by Reuters.

   In futures trading, London's FTSE was nearly 3% higher, and all three
   major U.S. stock indexes were trading above 1.5%.

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