Oil prices
were near their lowest since 2009 in the wake of the Organization of
the Petroleum Exporting Countries' decision to keep production high
despite depressed demand.
Equity investors in Asia were also wary
ahead of a bevy of Chinese data which are expected to show a still
sluggish economy. Trade figures are due on Tuesday, followed by
inflation on Wednesday and industrial output and retail sales on
Saturday.
Japan's Nikkei .N225 led the way with a 1.2 percent gain, while Australian stocks managed only 0.1 percent. The CSI300 index .CSI300 of the largest listed companies in Shanghai and
Shenzhen started soft before inching up 0.2 percent.
The WSJ is reporting Investors are taking positions ahead of gauges of Chinese inflation, trade, retail sales and industrial production within the next week.
After a shaky start, Chinese markets advanced later in the morning, with the Shanghai
Composite up 0.4% and the smaller Shenzhen market jumping 1.2%.
The Hang Seng China Enterprises Index, which tracks Chinese companies with offshore listings, was last up 0.3% after briefly turning negative in the morning.
Reuters' is reporting these results fron Sunday's Venezuelan elections.
Venezuela's opposition won control of the legislature from the ruling Socialists for the first time in 16 years on Sunday, giving them a long-sought platform to challenge President Nicolas Maduro.Election board head Tibisay Lucena said the opposition Democratic Unity coalition won 99 seats to the Socialists' 46 in the 167-national National Assembly with some districts still to be counted.When she finished speaking, fireworks went off in pro-opposition districts of Caracas.
Japan's Nikkei .N225 led the way with a 1.2 percent gain, while Australian stocks managed only 0.1 percent. The CSI300 index .CSI300 of the largest listed companies in Shanghai and
Shenzhen started soft before inching up 0.2 percent.
The WSJ is reporting Investors are taking positions ahead of gauges of Chinese inflation, trade, retail sales and industrial production within the next week.
After a shaky start, Chinese markets advanced later in the morning, with the Shanghai
Composite up 0.4% and the smaller Shenzhen market jumping 1.2%.
The Hang Seng China Enterprises Index, which tracks Chinese companies with offshore listings, was last up 0.3% after briefly turning negative in the morning.
Reuters' is reporting these results fron Sunday's Venezuelan elections.
Venezuela's opposition won control of the legislature from the ruling Socialists for the first time in 16 years on Sunday, giving them a long-sought platform to challenge President Nicolas Maduro.Election board head Tibisay Lucena said the opposition Democratic Unity coalition won 99 seats to the Socialists' 46 in the 167-national National Assembly with some districts still to be counted.When she finished speaking, fireworks went off in pro-opposition districts of Caracas.
Maduro, 53, quickly acknowledged the defeat, the worst for the ruling "Chavismo" movement since its founder Hugo Chavez took power in the South American OPEC nation in 1999.
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