Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. U.S. futures were mixed and oil prices fell. The release of weak Chinese lending data and news that the U.S. government plans to raise tariffs o a raft of Chinese exports were weighing on sentiment.
(Bloomberg) -- Asian stocks swung between gains and losses with sentiment influenced by poor Chinese data and optimism over reports the country will start selling ultra-long bonds.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeHow One Brooklyn Neighborhood Became a Nightclub HavenHong Kong’s equity benchmark climbed to the highest since
(Bloomberg) -- China is taking advantage of lower international prices for coal and natural gas to replenish stockpiles of power fuels ahead of another long, hot summer.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeHow One Brooklyn Neighborhood Became a Nightclub HavenGas imports through the end of April jumped 21% from the previous ye