HSBC/Markit services sector PMI fell to 50.9 in December from 52.5 in November. Asian shares fell on Monday after growth in China's services sector slowed sharply last month. China's CSI300 index dropped 2.3pc to a five-month low after the HSBC/Markit services sector Purchasing Managers' Index fell to 50.9 in December from 52.5 in the previous month, with new business expansion the slowest in six months.
(BANGKOK) — Asian stock markets fell Monday as traders await a packed schedule of data releases this week in the U.S. and a key meeting of the Federal Reserve. Japan’s benchmark Nikkei 225 dropped 2.5 percent to 13,766.09 as the yen continued to reverse some its recent fall. South Korea’s Kospi fell 0.4 percent to 1,903.36, hurt by losses among technology shares. Hong Kong’s Hang Seng lost 0.4 percent to 21,889.67. On the Chinese mainland, the Shanghai Composite Index shed 1.3 percent to 1,984.45 Analysts expect to see a drop when the U.S.