Asia shares muted on China data, euro on defensive


SYDNEY: Asian share markets were in the red on Monday as mixed Chinese economic news underlined the country's bumpy recovery, while political uncertainty in Europe soured risk appetites and kept the euro on the defensive.

Chinese blue chips were off 0.2% after retail sales topped forecasts by rising 3.7% in May, but industrial output and fixed-asset investment both underwhelmed.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asian , MSCI , PBOC , Nikkei

   

Next In Business News

Wall Street set to bounce back as Tesla soars
Two major shareholders of Rexit face jail in Singapore for illegally obtaining personal data
Anwar: Iskandar Malaysia secures RM40.3bil committed investments from Jan-Sept 2024
DXN posts lower 2Q net profit of RM65.97mil
ViTrox remains cautiously optimistic for 4Q24 amid challenges
Allianz: Malaysia's inflation likely to trend at 2.9% in 2025
AWC wins RM9.5mil contract for Sungai Melaka immigration complex
Nestle posts RM85mil net profit in 3Q, declares 35 sen dividend
Ringgit gains vs greenback on stable inflation data
Texchem confident in sustaining performance amid positive economic outlook

Others Also Read