New Year Nerves Hit Asian Stocks

Asian stocks mostly fall in thin holiday trade, following a late drop on Wall Street last week. (Credit: AFP)

Asia stocks mostly fell Monday in jittery holiday trade ahead of a potentially tumultuous 2025 when Donald Trump returns to the White House.

With volumes thin, US and European equity futures were also pointing lower after losses on Friday that put paid to Wall Street's usual holiday period "Santa Claus rally".