Investors remain on edge following contrasting economic data out of Europe and the US as investors await developments in the China-US trade standoff.
European markets ended with deep losses after figures indicating a sharp contraction in German factory activity last month, marking the worst in a decade for the region’s biggest economy. But that was followed by figures showing a slight pick-up in US manufacturing, easing concerns about a feared weakening of the world’s top economy.
Shanghai rose 0.2 percent, while Tokyo went into the break 0.2 percent higher. Sydney and Seoul edged up slightly, while Singapore put on 0.3 percent and Taipei was flat. Wellington and Manila dropped while Jakarta lost one percent. (AFP)