Asia shares drop on jitters over virus, China-US friction
(WorldNews Business)

TOKYO (AP) — Shares fell in Asia on Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases and percolating tensions between the U.S. and China. The White House`s decision to reject nearly all Chinese maritime claims in the South China Sea added to investor jitters. The world`s two largest economies have been sparring over everything from the pandemic to human rights. Japan`s benchmark Nikkei 225 sank 0.8% in early trading to 22,609.57. South Korea`s Kospi lost 0.4% to 2,177.01, while Australia`s S&P/ASX 200 dropped 0.8% to 5,932.70. Hong Kong`s Hang Seng tumbled 1.9% to 25,277.06 as reports of locally transmitted...