Asian Markets Mixed: Japan's Nikkei Drops, China's Factory Activity Contracts
Update: 2025-12-01
Description
Asian markets opened the week with a mix of results, as Tokyos main stock index plummeted nearly two percent on Monday, following data indicating a slowdown in factory activity across the region. Oil prices surged, rising over a dollar a barrel. Japans Nikkei two two five index dipped after the government reported disappointing corporate investment numbers. Manufacturing reports from across Asia are being closely monitored to gauge the impact of new U.S. tariffs. Japans manufacturing sector is grappling with low demand, leading to a fifth consecutive month of contraction. Chinas factory activity also contracted for the eighth straight month in November. Despite a temporary halt in U.S.-China trade tensions, Chinas economy faces ongoing challenges. Hong Kongs Hang Seng index, however, climbed almost one percent. Investors are awaiting retail sales figures from the recent Black Friday and Cyber Monday shopping events, expected to surpass expectations despite economic uncertainties. The U.S. dollar saw fluctuations, falling against the Japanese yen but rising against the euro.
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