Xinhua world economic news summary at 0900 GMT, Sept. 28

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SYDNEY -- The Australian share market finished lower on Monday, as the major banks and miners weighed, offsetting gains from tech and travel stocks.

At the market close the benchmark S&P/ASX 200 index was down 12.60 points or 0.21 percent at 5,952.30, while the broader All Ordinaries index was down 5.60 points or 0.09 percent at 6,134.90. (Australia-Stock Market)

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SEOUL -- South Korean stocks gained ground on Monday as the number of its confirmed COVID-19 cases went lower in recent days.

The benchmark Korea Composite Stock Price Index gained 29.29 points, or 1.29 percent, to settle at 2,308.08. Trading volume stood at 597.5 million shares worth 8.8 trillion won (7.5 billion U.S. dollars). (South Korea-Stock Market)

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TOKYO -- Tokyo stocks closed higher Monday as retailers and e-commerce-oriented issues buoyed the market, while investors also picked up issues to secure rights for dividend payments for the first half of the business year.

The 225-issue Nikkei Stock Average added 307.00 points, or 1.32 percent, from Friday to close at 23,511.62. (Japan-Tokyo Stocks-Nikkei)

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MANILA -- Philippine shares closed 0.39 percent higher on Monday.

The benchmark Philippine Stock Exchange index increased by 22.73 points to 5,861.39. The all-share index went up by 10.35 points, or 0.29 percent, to 3,530.98. (Philippines-Stocks) Enditem

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