The completed utility hole covers and frames are stored at the Ito Tekko Co. foundry in Kawaguchi City, Saitama Prefecture pending shipment,
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Asia-Pacific stocks opened lower on Monday, following broad gains in the previous week.
Asian traders will be focused on central bank releases this week, including the Bank of Korea’s interest rate decision and the minutes of the Reserve Bank of Australia’s August meeting.
Inflation data from Japan and Singapore will also be released on Friday, while China will announce its one- and five-year prime lending rates on Tuesday.
Japanese Nikkei 225 Index It fell 0.84%, while the Topix fell 0.8%.
Japan’s core machinery orders fell 1.7% year-on-year in June, surprising economists who had expected growth of 1.8%. Machinery orders are seen as a proxy for the country’s capital expenditure.
Korea’s Kospi opened 0.32% lower, while the small-cap Kosdaq fell 0.46%
Australia’s S&P/ASX 200 index fell 0.11%.
Hong Kong Hang Seng Index futures were at 17,575 points, higher than the Hang Seng Index’s last closing point of 17,430.16 points
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