Asian stocks ended mixed in thin trade on Monday, with Japanese markets closed for Marine Day holiday after the Nikkei index slumped 6.4 percent last week in a tech-led rout.
Another spike in crude oil prices and inflation concerns weighed on regional sentiment even as Chinese and Hong Kong markets rose after China’s Moonshot AI released a new artificial intelligence model.
Gold held little changed above $4,000 an ounce in Asian trade as the dollar eased and risk currencies rebounded despite Fed rate hike fears.
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Business News
Asian Shares Mixed As Tech Selloff Deepens
2026-07-20 08:41:02
