Asian Markets: Asian stock markets are standing still - oil prices are falling
Investors in Asia are taking a calm approach to the week. While markets in Japan remain closed, investors are exercising restraint at the remaining trading venues.
Asian stock markets made little progress on Monday as investors awaited the US earnings season and US inflation data. The Shanghai stock exchange remained almost unchanged at 3,810 points, while the index of major companies in Shanghai and Shenzhen fell by 0.1% to 4,312 points. Trading was suspended in Japan due to a public holiday.
Tech giant Tencent plans to issue bonds in US dollars and offshore yuan to raise fresh capital, joining other tech companies financing AI investments, which has raised concerns about refinancing costs.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
