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Asia Market Decline Almost Unanimously

Equities in the Asia-Pacific region tumbled Monday, amid general stock malaise following the collapse of U.S.-Canada trade talks.

In Japan, the Nikkei 225 swooned 488.27 points, or 0.7%, to 65,528.09.

In Hong Kong, the Hang Seng waned 492.13 points, or 1.9%, to 25,517.33.

Stocks have been pressured by rising bond yields around the globe. The 30-year U.S. Treasury bond yield topped 5.3% last week to reach levels not seen in nearly 20 years. Rates in Japan, France and Germany also scaled to multiyear highs.

In other markets;

In Shanghai, the CSI index dumped 55.77 points, or 1.2%, to 4,563,13.

In Korea, the Kospi Index subtracted 215.99 points, or 3.1%, to 6,696.96.

In Singapore, the Straits Times index slid 8.5 points, or 0.2%, to 5,680.46.

In Taiwan, the Taiex index fell 461.97 points, or 1%, to 44,762.32

In New Zealand, the NZX 50 regressed 90.78 points, or 0.7.%, to 13,881.88

In Australia, the ASX 200 bucked the trend and actually gained 44.19 points, or 0.5%. to 9,103.07