Asian stock indices opened the second session of the week mixed with Chinese stocks in particular mixed, while Australia, Hong Kong, and South Korea lost ground, as New Zealand gained ground, while Japanese markets close for a holiday.
Reserve Bank of Australia Deputy Governor Guy Debelle delivered a speech titled "The Australian Economy and Monetary Policy" at the Australian Industry Group conference, via satellite, noting the current tumble in Aussie's value will prop up the economy, while the RBA continues to monitor experiments of negative interest rates.
Finance continued to lead the losses, especially HSBC and Standard Chartered on accusations of allowing tainted money to circle through their channels for nearly two decades, while the People's Bank of China voted to maintain one year interest rates at 3.85% and five year rates at 4.65%.
China's CSI 300 rose 0.06%, while Shanghai fell 0.12% to 3,312.
Hong Kong's Hang Seng fell 0.26% to 23,887, while South Korea's KOSPI shed 2.06% to 2,340.
New Zealand's NZX 50 rose 0.61%, while Australia's S&P/ASX 200 declined 0.65% to 5,785.