Xinhua world economic news summary at 0900 GMT, Oct. 26

Xinhua
26 Oct 2020, 19:05 GMT+10

TOKYO -- Tokyo stocks closed marginally lower on Monday as concerns over COVID-19 resurgences in Europe and the United States outweighed hopes for domestic firms' earnings this week.

The 225-issue Nikkei Stock Average shed 22.25 points, or 0.09 percent, from Friday to close the day at 23,494.34. (Japan-Stocks-Closing)

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SYDNEY -- The Australian share market finished lower on Monday despite the announcement that the country's hardest-hit state by the COVID-19 pandemic is set to move out of lockdown.

At the market close the benchmark S&P/ASX 200 index lost 11.40 points, or 0.19 percent, at 6,155.60, while the broader All Ordinaries index was down 16.40 points, or 0.26 percent, at 6,357.30. (Australia-Stock Market)

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SEOUL -- South Korean shares ended lower on Monday.

The benchmark Korea Composite Stock Price Index lost 16.90 points, or 0.72 percent, to settle at 2,343.91. Trading volume stood at 812.7 million shares worth 11.5 trillion won (10.2 billion U.S. dollars). (South Korea-Stocks)

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SHANGHAI -- U.S. carmaker Tesla announced Monday that it will export 7,000 vehicles of made-in-China Model 3 to Europe on Tuesday.

The batch of sedans is expected to arrive at the port of Zeebrugge in Belgium by sea at the end of November, before being sold in European countries including Germany, France, Italy, Spain, Portugal and Switzerland. (Tesla-Europe-Export)

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