Asian stocks cut early losses to end mixed on Monday after U.S. President Joe Biden and Russian President Vladimir Putin agreed in principle to a summit over Ukraine.
A decision on the summit will be taken after a meeting between the foreign ministers of the two nations next week, if an invasion hasn't occurred.
Chinese shares ended marginally lower amid fresh attempts by the government to crack down on the private sector and more default warnings from developers. Hong Kong's Hang Seng index slid 0.65 percent to close at 24,170.07.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.