Closed-circuit video images showed the bus veering sharply in the road before crashing from a bridge and sinking within seconds
Chinese blue chips firmed 0.7per cent to reach levels not seen since mid-2015. Surveys showed Chinese manufacturing activity edged back a tick to 51.0 in July, but services jumping a full point to 55.2 in a hopeful sign of reviving consumer demand.
The Nikkei had dipped on Friday after Prime Minister Shinzo Abe's resignation stirred doubts about future fiscal and monetary stimulus policies.
Those concerns were eased somewhat by news Chief Cabinet Secretary Yoshihide Suga, and a close ally of Abe, would join the race to succeed his boss. A slimmed-down leadership contest is likely around Sept. 13 to 15.
Attention was now on a host of Federal Reserve officials that are set to speak this week, kicking off with Vice Chair Richard Clarida later Monday as they put more flesh on the bank's new policy framework
Fed Chair Jerome Powell boosted stock markets last week by committing to keep inflation at 2per cent on average, allowing prices to run hotter to balance periods when they undershot.
The risk of higher inflation in the future, assuming the Fed can get it there, was enough to push up longer-term Treasury yields and sharply steepen the yield curve.
Yields on 30-year bonds jumped almost 16 basis points last week and were last at 1.52per cent, 139 basis points above the two-year yield. The spread was now approaching the June gap of 146 basis points which was the largest since late 2017.
That shift was of little benefit to the US dollar given the prospect of short rates staying super-low for longer, and the currency fell broadly.
"A truly crowded trade that will take more news to push higher," he argued.
Brent crude futures rose 26 cents to $46.07 a barrel, while US crude gained 13 cents to $43.10.
Closed-circuit video images showed the bus veering sharply in the road before crashing from a bridge and sinking within seconds
EU foreign policy chief says there will be more nations following suit because Belgium has also decided to recognise Palestinian state
The vote by the 193-member General Assembly was a global survey of support for the Palestinian bid to become a full UN member
The case was filed against parties who took to their social media handle alleging that the brand was favouring a particular community
Ministry of Foreign Affairs calls for urgent, independent and transparent investigation into the incidents
The Princess of Wales announced in March she was having treatment after cancer was found following an abdominal surgery
Karim expressed her happiness at winning the medal, which added to the previous achievements of Emirati champions
Imarat has an established presence in the UAE through its subsidiary – Graana.com