Shares fell Monday in Asia, with Hong Kong's benchmark pulled lower by property stocks following reports that police had detained staff at the wealth management business of troubled real estate developer China Evergrande. U.S. futures edged higher and oil prices advanced. On Friday, Wall Street benchmarks fell, with technology stocks posing the biggest drag on the market. The market had posted some gains last week following reports of several healthy economic indicators ahead of the Federal Reserve's two-day meeting, which ends Wednesday. Oil prices have been climbing over the summer after Saudi Arabia decided to maintain production cuts.

Source: The Nation September 18, 2023 04:56 UTC