Oil prices tumbled again Monday, while most Asian stock markets also retreated after a sell-off in New York at the end of last week in response to data showing weak US wage growth.
The news on wages, which overshadowed another forecast-beating rise in job creation, pushed the dollar down against the euro because it complicates the Federal Reserve’s plans to raise interest rates.
Sydney fell 0.78 percent, or 42.9 points, to close at 5,422.7 and Seoul closed 0.19 percent lower, or 3.75 points, at 1,920.95.
Shanghai — which has surged more than 50 percent over the past year — slipped 1.71 percent, or 56.09 points, to 3,229.32.
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