Stock exchanges in the Asia Pacific traded mostly lower on Monday, with Chinese stocks leading the losses after the latest data showed that inflation in China climbed to 0.3% in April year-over-year.
In mainland China, the Shanghai Composite dropped 0.9%, and the Shenzhen Composite fell 0.69% at 7:15 am CET. Hong Kong's Hang Seng was up 0.42% at the same time, while South Korea's Kospi slipped 0.41%. Japan's Nikkei 225 declined 0.32% and Australian S&P/ASX 200 lost 0.18%.
The dollar stood flat against the Japanese yen, selling at ¥155.8290 at 7:18 am CET.