image credit: Adobe Stock

Asian Shares Mixed As China Data Disappoints

March 27, 2023

Asian shares ended mixed on Monday as banking worries swirled and China industrial profits data disappointed.

A cautious undertone prevailed after Deutsche Bank shares fell heavily on Friday on the lender’s surging cost of default cover.

German Chancellor Olaf Scholz offered reassurances about the bank, helping offer some respite to investors worried about the spillover effect of monetary policy shifts.

Read More on Markets Insider