Asian shares retreated from a record peak on Monday after a Reuters report the United States was preparing to impose sanctions on some Chinese officials highlighted geopolitical tensions, while oil prices fell on surging virus cases.

Asian stocks have followed Wall Street lower as surging coronavirus infections in the United States and some other countries tempered investor optimism about development of possible vaccines

The move comes as President Donald Trump continues to pile pressure on China’s Xi Jinping and the ruling Communist Party in his final weeks in office.

Hong Kong (AFP) - Asian markets mostly fell Monday following last week's rally as investors prepare for a big week that could see the vaccine rollout begin in earnest and US lawmakers agree a new stimulus, while post-Brexit trade talks remain on a knife-edge.

Hong Kong (AFP) - Equity markets were mixed Monday following last week's rally as investors prepare for a big week that could see the vaccine rollout begin in earnest and US lawmakers agree a new stimulus, while post-Brexit trade talks remain on a knife-edge.

Hong Kong (AFP) - Asian markets were mixed Monday following last week's rally as investors prepare for a big week that could see the vaccine rollout begin in earnest and US lawmakers agree a new stimulus, while post-Brexit trade talks remain on a knife-edge.