HONG KONG: Asian markets were mixed on Monday ahead of US debt talks between President Joe Biden and congressional leaders, with both sides still apart but also confident a deal can be reached to avert a catastrophic default.
MIXED A currency trader walks near the screen showing the foreign exchange rate between US dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea on Monday, May 22, 2023. Asian shares mostly drifted higher Monday as investors fretted whether the United States government would be able to reach a deal to avoid a federal default. AP PHOTO
HONG KONG: Asian markets were mixed on Monday ahead of US debt talks between President Joe Biden and congressional leaders, with both sides still apart but also confident a deal can be reached to avert a catastrophic default.