Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Asian shares are trading mixed as investors await a slew of U.S. economic data set for release later in the week
TOKYO (AP) — Asian shares traded mixed Monday as investors awaited a slew of U.S. economic data set for release later in the week.
Japan's benchmark Nikkei 225 shed 0.8% in morning trading to 33,159.03. Australia's S&P/ASX 200 added 0.6% to 7,118.40. South Korea's Kospi rose 0.3% to 2,513.03. Hong Kong's Hang Seng lost 0.6% to 16,736.45, while the Shanghai Composite edged down less than 0.1% to 3,029.42.
China Evergrande's Hong Kong traded shares were up 7% after a Hong Kong court postponed until Jan. 29 a hearing on its plan to restructure its massive debts. The company faces possible liquidation if creditors reject its restructuring plan.
Among the economic updates due this week are data on the job market, including the U.S. government’s closely watched monthly employment report for November.
