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Asia markets mixed as US-China trade war escalates [CNBC]

Korea Electric Power Corp (KEP)  More Company Research Source: CNBC
PDF Asia markets remained mixed on Tuesday morning following an escalation in trade tensions between the United States and China . Australia's ASX 200 fell 0.19 percent as the energy sector continued its decline, dropping 1.33 percent. The heavily-weighted financial subindex was up 0.32 percent as the country's four major banks gained: Shares of ANZ rose 0.7 percent and Commonwealth Bank added 0.37 percent. Japan's Nikkei 225 rose 0.99 percent and the Topix index was up 0.95 percent. In South Korea, the Kospi recovered to trade slightly higher as blue chip stocks traded mixed. Shares of Samsung Electronics extended gains to trade 1 percent up, Korea Electric Power Corporation was down 1.34 percent and Hyundai Motor lost earlier gains but remained up by 0.39 percent. South Korean President Moon Jae-in left for Pyongyang on Tuesday for a historic summit with North Korean leader Kim Jong Un , with the aim of mediating stalled U.S.-North Kore [Read more]

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