- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
- Mozambique vote: no suspense but some disillusion
- Austrian rapper channels anti-racist rage in Romani hip-hop songs
- Ohtani magic powers Dodgers over Padres in MLB playoff thriller
- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
- Vietnam's young coffee entrepreneurs brew up a revolution
- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
- Is music finally reckoning with #MeToo?
- Fans hail Trump's 'guts' as he returns to site of rally shooting
- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Monaco take top spot in Ligue 1 with win at Rennes
- Madrid beat Villarreal to level Liga leaders Barca
- Thuram treble fires Inter past Torino and up to second
- 'Fight': defiant Trump jets in to site of rally shooting
- Mexico City's new mayor sworn in with pledges on water, housing
- Israel on alert ahead of Hamas attack anniversary
- Guardians maul Tigers in MLB playoff series opener
- Macron criticises Israel on Gaza, Lebanon operations
- French rugby player whistled but 'serene' on return amid ongoing rape case
- Retegui hat-trick fires five-star Atalanta to hammering of Genoa
- Heavyweights Australia, England off to World Cup winning starts
- Visiting UN refugee agency chief decries 'terrible crisis' in Lebanon
- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
Asian markets rise as Biden 'considers' lifting China tariffs
Asian stocks rose Monday after US President Joe Biden said he was considering lifting some Trump-era trade tariffs imposed on China, although concerns over inflation and growth weighed on sentiment.
Tariffs on hundreds of billions of dollars of Chinese imports are due to expire in July, and Biden has faced growing calls to get rid of the punitive duties to help combat the highest US inflation in more than four decades.
Biden's comments Monday during a visit to Tokyo come after Treasury Secretary Janet Yellen last week said some of the duties imposed by former president Donald Trump "seem to impose more harm on consumers and businesses" and do little to address real issues posed by the Asian giant.
The president also said a recession in the United States was not inevitable but acknowledged the economic pain felt by American consumers, saying "this is going to take some time".
Ending the tariffs could help cut roaring US inflation by making imports cheaper.
Biden also announced that 13 countries had joined a new, US-led Asia-Pacific trade initiative, although there are questions about the pact's effectiveness.
Investors will be looking to the release on Wednesday of notes from the latest Federal Reserve committee meeting for clues on further rate hikes by the US central bank.
Trade was cautious in Asia after Wall Street briefly dipped into a bear market Friday, with the S&P 500 index down about 19 percent from its January high.
Tokyo closed 1.0 percent higher, while Shanghai ended flat. Hong Kong was down 1.4 and Singapore slipped 0.6 percent but most other Asian markets saw gains, with Seoul, Bangkok and Taipei in the green.
Sydney ended marginally higher following a weekend election that saw the centre-left Labor party end a decade of conservative rule.
The new government of Prime Minister Anthony Albanese is expected to undertake some policy shifts, particularly on climate change, but economists said they were unlikely to upset growth forecasts.
An interest rate cut by Beijing did little to cheer Chinese markets, with investors concerned about continuing Covid restrictions that are hurting the world's second-largest economy and snarling international supply chains.
European markets opened higher despite lingering concerns over inflation, with London up 0.8 percent, Frankfurt 1.4 percent higher and Paris adding 0.7 percent.
Downcast earning reports from retailers have also heightened market uncertainty at a time of rising interest rates, surging energy prices and Russia's ongoing war in Ukraine, which is driving commodity prices higher.
"As macro-economic concerns stemming from aggressive monetary tightening, the Russia-Ukraine conflict and China's stringent Covid lockdowns persist, we anticipate great volatility in the market," Louise Dudley, portfolio manager global equities at Federated Hermes, said in a note, Bloomberg News reported.
Oil was higher, with US crude benchmark WTI up 0.9 percent and Brent gaining 1.0 percent.
The invasion of Ukraine has shaken up the global market and the outlook for key producer Russia, which has been largely shunned by Western countries.
"Concerns over demand destruction appear to be limiting the upside, while threats of oil embargoes are keeping a floor under the downside," said Michael Hewson, chief market analyst at CMC Markets.
- Key figures at around 0730 GMT -
Tokyo - Nikkei 225: UP 1.0 percent at 27,001.52 (close)
Hong Kong - Hang Seng Index: DOWN 1.4 percent at 20,433.57
Shanghai - Composite: FLAT at 3,146.86 (close)
Dollar/yen: DOWN at 127.67 yen from 127.86 yen on Friday
Euro/dollar: UP at $1.0605 from $1.0564
Pound/dollar: UP at $1.2572 from $1.2497
Euro/pound: DOWN at 84.36 pence from 84.50 pence
West Texas Intermediate: UP 0.9 percent at $111.27 per barrel
Brent North Sea crude: UP 1.0 percent at $113.70 per barrel
New York - Dow: FLAT at 31,261.90 (close)
London - FTSE 100: UP 0.8 percent at 7,447.31
P.Cavaco--PC