Asia markets edged up Monday morning as investors reacted to a series of recent data releases in major economies including the United States and China.
The MSCI Asia ex-Japan index traded 0.12% higher. In Japan, the Nikkei 225 rose 0.4% in early trade while the Topix index added 0.38%.
The Japanese economy grew an annualized 1.3% in the April to June quarter, according to revised data from the Cabinet Office on Monday. That was lower than the initial estimate of a 1.8% expansion, but matched market expectations.
In South Korea, the Kospi added 0.76%, with shares of chipmaker SK Hynix jumping 2.08%. Australia’s S&P/ASX 200 traded largely flat.
Chinese customs data showed the country's exports unexpectedly fell in August, pointing to further weakness in the world's second-largest economy. August exports fell 1% on-year, customs data showed Sunday, while analysts had predicted a 2% rise according to a Reuters poll.
Source : CNBC