In South Korea, the Kospi re-opened lower
after its three-day holiday, shedding 2.37 percent, with blue chip stocks such
as Samsung Electronics and Posco down 3.01 and 2.76 percent, respectively.
Down Under, the S&P/ASX 200 erased gains
of as much as 0.56 percent to trade up 0.26 percent, weighed by losses in the
energy, materials, and financial sectors. The index closed Wednesday down 20.17
percent from its 52-week closing high, set in April 2015, leaving it in bear
territory.

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