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Asia: Markets kick week off with losses as euro sinks

From businesstimes.com.sg

Asian markets turned lower on Monday as the correction that has hit global equities moved into another week, while the euro faced fresh pressure after German Chancellor Angela Merkel failed to form a government at the weekend. Traders tracked a sell-off on Wall Street, where all three main indexes finished in the red on profit-taking and worries that US lawmakers will struggle to push through Donald Trump's tax-cut plans. While the House of Representatives approved its version of the reform legislation and a key Senate panel cleared a different version, the Republicans' wafer-thin majority in the Senate mean they ... (full story)

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