Asia

TOKYO: Asian markets were subdued on Monday (Feb 16), as the extended Chinese New Year holiday approached and Japan reported lacklustre economic growth.The holiday period meant that trading floors were closed in Shanghai, Seoul and Taipei. Hong Kong and Singapore closed after half-day sessions.US markets are also closed for Presidents’ Day.Limp GDP growth in Japan rattled the post-election high of Prime Minister Sanae Takaichi following her recent landslide win. The world’s fourth-biggest economy expanded just 0.1 per cent in the last three months of 2025.The figures – which undershot market forecasts of 0.4 per cent – add pressure on Takaichi,…

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