Asia stocks weaker after soft U.S. jobs, China trade data

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Asia stocks weaker after soft U.S. jobs, China...
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By Shinichi Saoshiro

Asian stocks were mostly lower on Monday after a disappointing U.S. jobs report raised questions about the underlying strength of the world’s biggest economy and worse-than-expected trade numbers out of China.

Meanwhile, crude oil prices soared on supply woes stemming from devastating wildfires in Canada.

MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent. Australian stocks shed 0.4 percent and South Korea’s Kospi fell 0.6 percent.

Shanghai stocks retreated more...


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Asia stocks weaker after soft U.S. jobs, China trade data


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