Asia holds breath for China data, Brexit news


MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.06 percent in thin trade, while Australian stocks lost 0.2 percent. Japan's Nikkei eased 0.3 percent, though a softening yen provided some support to exporters. South Korea slipped 1.2 percent amid tensions with the North, but Indonesia rose after Fitch upgraded the country's credit rating.

SYDNEY:  Asian markets were in limbo early on Monday ahead of data likely to show the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade.

Investors are also waiting to hear British Prime Minister Theresa May's 'Plan B' for Brexit which is due to be presented to parliament later on Monday.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Brexit

   

Next In Business News

Sapura Energy gets contracts worth US$1.8bil
Awantec to bank on synergistic offerings
Semiconductor industry offers chance for growth
FBM KLCI’s bullish momentum
Ministry and Mida ink human development deal
Shell committed to Malaysia mobility ops
Pekat unit in talks for stake in power solutions firm
AmBank and CGC to provide an additional RM400mil in SME financing
Regional expansion to bode well for CTOS
Shell says it remains committed to mobility business in Malaysia

Others Also Read