Mumbai, Jan. 27 -- Asian stocks fell broadly on Monday as investors reacted to weak Chinese data and awaited interest-rate decisions from the U.S. Federal Reserve and the European Central Banks this week for directional cues.
Gold retreated and the dollar gained following U.S. President Donald Trump's brief imposition of tariffs on Colombia. Oil traded lower as Trump reiterated calls for OPEC to cut prices.
China's Shanghai Composite finished marginally lower at 3,250.60 after new data showed Chinese manufacturing activity unexpectedly shrank in January and non-manufacturing activity growth slowed sharply - raising concerns about Q1 2025 growth and the effectiveness of stimulus measures.
Also, profits at China's industrial profits fell...
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