Most Southeast Asian stock markets rose
on Monday with Thailand leading the gains, as investors hoped
for more stimulus from China after disappointing growth, amid
optimism about Washington and Beijing progressing with trade
Shares in China and Hong Kong
climbed on Monday despite the Chinese economy reporting its
slowest annual expansion in 28 years, as investors bet on
Beijing to spend more to prop up growth.
** At the midday break, the Shanghai Composite index was
up 0.7 percent at 2,613.53 points.
Growth in property investment in
China cooled to the second slowest pace in 2018 in December,
adding to signs of a further slackening in the real estate
market in a blow to a key driver economic growth.
A unit of Berkshire Hathaway Inc
denied a report on Sunday that it reached an agreement to allow
extraction of lithium from its geothermal wells in California, a
project that could offer U.S. carmakers and battery producers a
secure supply of the metal.