Asian stocks ended broadly lower on Monday as upbeat U.S. jobs data rekindled worries over aggressive policy tightening and parts of China's financial hub faced more rounds of mass testing to fight rising COID-19 infections.
Shanghai reported its first case of the highly infectious BA.5 omicron sub-variant on Sunday and warned of "very high" risks, raising fears about more lockdowns.
China's Shanghai Composite Index tumbled 1.27 percent to 3,313.58 ahead of exports and imports data due on Wednesday.
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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.