Asian markets settled lower on Monday as investors cautiously awaiting Chair Jerome Powell's congressional testimonies this week for clues on the monetary policy path ahead. Chinese shares declined ahead of China's interest-rate decision. Market sentiments weakened further on private report that there will be no Chinese monetary stimulus any time soon to boost the economy. Hong Kong shares declined amid reports that US Secretary of State Antony Blinken will meet with Chinese President Xi Jinping today in Beijing amid escalating tensions and complex dynamics between the world's two largest economies.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,255.81 | -17.52 | -0.54 |
| Hang Seng | 19,912.89 | -127.48 | -0.64 |
| Jakarta Composite | 6,686.06 | -12.49 | -0.19 |
| KLSE Composite | 1,387.33 | -1.28 | -0.09 |
| Nikkei 225 | 33,370.42 | -335.66 | -1.01 |
| Straits Times | 3,241.17 | -18.86 | -0.58 |
| KOSPI Composite | 2,609.50 | -16.29 | -0.62 |
| Taiwan Weighted | 17,274.56 | -14.35 | -0.08 |
