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Asian Markets Mixed Amid Cautious Trades CANBERA (dpa-AFX) - Asian stock markets are mixed on Friday, following the broadly negative cues overnight from Wall Street on reports President Joe Biden plans to almost double the capital gains tax for wealthy individuals to fund spending on childcare and education. The mood is quite cautious in most of the markets in the region amid the continuing surge in coronavirus in the region and the possibility of lockdowns in certain places. Asian markets ended mostly higher on Thursday. Australian stock market is slightly lower in choppy trading on Friday, ...

Japanese Market Significantly Lower TOKYO (dpa-AFX) - The Japanese stock market is significantly lower on Friday, recouping some of the losses from early deals, with the benchmark Nikkei 225 above the 29,000 mark, following broadly negative cues overnight from Wall Street on reports US President Joe Biden plans to almost double the capital gains tax. Continuing concerns about the spike in daily domestic coronavirus infections and the possibility of lockdowns are also weighing on the market. According to media reports, Japan reported a nationwide tally of more than 5,000 new cases for a second...