Shares are mixed in Asia, with Chinese markets closed for a weeklong holiday. Markets appeared to be taking a potential shutdown of the U.S. government in stride. China's central bank said it plans to inject more cash into the economy, while the Bank of Japan reported an improvement in business sentiment among large manufacturers. On Tuesday, U.S. stocks wrapped up another winning month. The S&P 500 rose 0.4% and the Dow gained 0.2%, setting an all-time high. The Nasdaq composite added 0.3%.  Past U.S. government shutdowns have had a limited impact on the economy and stock market, and many investors expect something similar this time around.

Europe’s economy is holding up better than expected in the face of U.S. President Donald Trump’s new tariffs - in part because the European Union didn’t retaliate with self-defeating tariffs of its own, the head of the European Central Bank said Tuesday. Christine Lagarde said the impact of Trump’s trade war on growth and inflation in the 20 countries that use the euro currency had also been softened by a stronger euro and by swift conclusion of a trade deal with Trump that capped tariffs at 15% and took away uncertainty that threatened to delay or disrupt business investment.

Asian shares are little changed in narrow trading as investors brace for a possible U.S. government shutdown. U.S. futures were flat early Tuesday and oil prices fell. China reported lackluster data on factory activity. The U.S. government is nearing a budget deadline that could result in its shutdown. Past shutdowns have had minimal impact on markets and the economy. But if the stalemate between Democrats and Republicans persists, that could delay the collection and release of economic data, such as on jobs and inflation. On Monday, Wall Street finished higher as technology stocks recovered some losses from late last week. The S&P 500 added 0.3% and the Dow industrials edged 0.1% higher. The Nasdaq composite climbed 0.5%.

Hong Kong's leader has announced plans to accelerate the development of an economic hub near its border with mainland China. Chief Executive John Lee unveiled plans Wednesday to cut red tape and introduce legislation to speed up development of the Northern Metropolis. The ongoing project envisions building a new IT hub and university town near the Chinese tech hub of Shenzhen. Hong Kong also is vying to become a popular higher education hub, especially since the Trump’s administration heightened scrutiny of international student visas. The city also aims to boost industries like artificial intelligence and new energies to stay competitive.

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%,  a step that could support growth and business activity as the economy slows and the government budget deficit increases. The bank raised its key rate as high as 21% to combat inflation but has started cutting them amid complaints from business leaders and legislators about their impact on business activity. The bank’s statement Friday noted that inflation eased somewhat in July and August but remains elevated at 8.2%. Still, it warned that inflation expectations in the economy remain elevated and that “this may impede a sustainable slowdown in inflation."

Asian shares rose Friday, tracking Wall Street’s record-setting run after a mixed set of U.S. data bolstered expectations that Federal Reserve will cut interest rates to boost the economy. The S&P 500 rose 0.8% Thursday and set an all-time high for a third straight day. The Dow Jones Industrial Average rallied 1.4%, and the Nasdaq composite climbed 0.7%. Treasury yields eased in the bond market following the reports on joblessness and inflation, as traders bet the Federal Reserve will have to cut interest rates for the first time this year at its meeting next week.

European Central Bank leaves rates unchanged as economy weathers Trump's tariffs.

Inflation is back under control, and the European economy is weathering Trump’s tariff onslaught better than expected. Those are reasons the European Central Bank is expected to keep its benchmark interest rate unchanged Thursday. Instead, attention will focus on what bank President Christine Lagarde will have to say about France’s fiscal crisis - and any possible role for the ECB in containing market turmoil that could erupt from the country’s out-of-control deficit and political logjam.

Asian shares are mostly higher with Japan’s benchmark rising after Prime Minister Shigeru Ishiba announced he was stepping down. Benchmarks rose in Monday morning trading in Tokyo, Seoul, Hong Kong and Shanghai, while falling in Sydney. Analysts say Ishiba's announcement Sunday was expected for some time and welcome it as moving things forward. Wall Street ended last week lower amid questions on whether the U.S. job market has slowed enough to get the Federal Reserve to cut interest rates. Meanwhile, Japan’s Cabinet Office reported the economy expanded at a stronger rate in the fiscal first quarter than previously estimated.

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated, despite worries about U.S. tariffs and domestic political uncertainty, according to government data. The Cabinet Office said Monday that Japan’s real gross domestic product, the sum value of a nation’s goods and services, grew at a seasonally adjusted 2.2% annualized rate in the April-June quarter from the previous quarter. That was better than the preliminary estimate for 1.0% growth, which came out last month, as solid consumer spending and inventories lifted growth more than previously thought. Quarter-on-quarter, Japan’s GDP grew 0.5%.