Economic news

Asian shares resilient amid third day of U.S. government shutdown

Asian stocks were mixed on Monday as investors assessed economic impact of the U.S. federal government shutdown.

Photo: Reuters

MSCI’s broadest index of Asia-Pacific shares ticked up 0.1 percent, touching a record peak for six consecutive days. Japan’s Nikkei also closed up 0.03 point.

Hong Kong’s Hang Seng Index gained 0.5 percent, scaling the highest level ever its fifth session in a row.

Australian shares slipped 0.2 percent, inching lower fifth straight day.

South Korea’s Kospi index dropped 0.7 percent.

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