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Prosus held firm on its $6.3 billion offer to buy Just Eat on Monday as it argued the merits of its bid versus one from Takeaway.com for the British online takeaway delivery firm.

Shares across the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and stoked demand for the safe-haven yen and gold.

China's dominant e-commerce firm Alibaba Group Holding Ltd raked in $23 billion worth of sales in the first nine hours of its annual Singles' Day shopping extravaganza on Monday, setting records as the event celebrates its 11th year.

Fewer new energy vehicles (NEV) could be sold in China this year than in 2018, an official at the country's biggest auto industry association said on Monday, as customers hold back on purchases following a government decision to cut subsidies.

Netherlands-based Prosus has tweaked its offer for online takeaway delivery platform Just Eat , lowering the acceptance threshold for investors as it battles Takeaway.com to buy the British company.

Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the United States and China, while worries about oversupply also weighed on the market.

Auto sales in China fell for a 16th consecutive month in October, with the number of new energy vehicles (NEVs) sold contracting for the fourth month in a row, data from the country's biggest auto industry association showed.

Asian shares sank on Monday, the safe haven yen rose and gold jumped following a fresh escalation of violence in Hong Kong while uncertainty still remained over whether the United States and China could end their damaging trade war.

Chinese retailer Alibaba on Monday said sales for its annual Singles' Day shopping blitz jumped 25% in the first nine hours to $23 billion, nearly two thirds of U.S. rival Amazon.com Inc's online store sales in the latest quarter.

Malaysian budget carrier AirAsia Group Bhd said on Monday it would transfer two slots on its Kuala Lumpur-Singapore route, its most profitable, to long-haul sister airline AirAsia X Bhd , which has been struggling financially.

Asian shares sank on Monday, the safe haven yen rose and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war.

Adidas plans to close high-tech "robot" factories in Germany and the United States it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".

Some financial strategies can help make sure you stay above water if the economy starts to wobble.

U.S. President Donald Trump is expected to announce this week that he is delaying a decision on whether to slap tariffs on cars and auto parts imported from the European Union, likely for another six months, EU officials said.

Asian share markets flatlined on Tuesday as uncertainty over Sino-U.S. trade talks and political strife in Hong Kong dogged sentiment, while safe-haven bonds eked out a bounce.