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Stocks in Japan and Taiwan slumped on Monday, after taking action in response to a wave of new coronavirus cases.
The
ended 0.9% lower as three prefectures were added to Japan’s state of emergency.
The Taiwan
ended 3% lower as the island reported the largest outbreak since the start of the Covid-19 pandemic. All schools will be closed for two weeks from Tuesday.
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Markets also were absorbing data showing retail sales and industrial production in China rising slower than expectations in April, though the
closed higher.
After easing 0.5% last week, the Stoxx Europe 600 slipped 0.2%.
Of stocks in the spotlight, telecommunications company
is in talks to combine a portfolio of its media assets with factual-television company
according to reports in Bloomberg News and The Wall Street Journal.
rose in European trade, after saying “bookings have jumped significantly” in April. The airline lost €1 billion ($1.2 billion) in the year ending Mar. 30.
