Asian Shares Fall

Thursday 1441/11/25 - 2020/07/16
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Tokyo, July 16, 2020, SPA -- Shares retreated in Asia on Thursday as investors mulled figures showing China's economy returned to growth in the last quarter.
The Shanghai Composite index led Thursday's declines, dropping 2.9% to 3,262.41. Benchmarks also fell in Tokyo, Hong Kong and Sydney, AP reported.
Tokyo's Nikkei 225 lost 0.8% to 22,770.36, while the Hang Seng in Hong Kong fell 1.3% to 25,145.89. In South Korea, the Kospi shed 0.7% to 2,187.49.
In other trading, benchmark U.S. crude oil shed 32 cents to $40.88 per barrel in electronic trading on the New York Mercantile Exchange. It rose 91 cents to settle at $41.20 per barrel on Wednesday.
Brent oil, the international standard, gave up 24 cents to $43.55 per barrel. It picked up 89 cents to settle at $43.79 per barrel overnight.
The dollar bought 106.90 Japanese yen, down from 106.96 yen late Wednesday. The euro was trading at $1.1404, weakening from $1.1411.
12:24 LOCAL TIME 09:24 GMT