Asia Markets Update: Mixed Start to the Week Amid U.S.-China Talks and Economic Data Awaited
Today, Asian markets had a mixed start to the week as investors kept an eye on U.S.-China discussions in Spain and awaited important economic data from Beijing. Talks in Madrid between U.S. and Chinese officials covered national security, trade, and economic issues, including the impending deadline for TikTok's divestment and U.S. tariffs. Australia's S&P/ASX 200 opened down by 0.75%, while South Korea's Kospi reached a record high of 3,420.23, marking its 10th consecutive day of gains. The Kosdaq also saw a slight increase of 0.4%. In Hong Kong, the Hang Seng Index was expected to open slightly weaker, with futures at 26,380 compared to the previous close of 26,388.16. Markets in Japan and Malaysia were closed for a holiday.
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