Asian FX, shares slip on S.Korean political turmoil, China inflation

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Asian FX, shares slip on S.Korean political turmoil, China inflation
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Harrison Ford was de-aged last year for Indiana Jones And The Dial Of Destiny on the big screen, and video game makers are pulling the same trick for the whip-cracking hero's latest outing on the small screen.

Asian markets were downbeat on Monday as China 's inflation data pointed to further economic weakness, while South Korea n shares and the won dropped amid escalating political turmoil following a failed impeachment motion against President Yoon Suk Yeol. South Korea n shares tumbled 2.2% to their lowest levels in a year.

The MSCI gauge of Asian emerging market equities, in which South Korea holds a roughly 12% weight, fell as much as 0.6%. The Philippine peso declined 0.4% and the Taiwan dollar retreated 0.3%. Among equities, shares in Thailand fell 0.7% whereas those in Malaysia were down 0.3%.

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