Asian shares were mostly lower Monday, dogged by persisting worries over a possible recession and the risk of a default on the U.S. national debt. U.S. futures and oil prices also fell.
This week will bring major updates on the Chinese and Japanese economies. China's faltering rebound from disruptions caused by limits on travel and other activities during the COVID-pandemic has raised worries that it won't provide the sort of growth needed to offset slowdowns in other major economies.
