Asian Shares Mixed as Wall Street Slips; Brent Crude Falls 1.4% to $110.12 Ahead of Big Tech Earnings

Asian shares traded mixed Monday, while oil prices fell after last week's surge to multi-year highs. Brent crude, the international benchmark, dropped 1.4% to $110.12 a barrel, and U.S. benchmark crude sank 1.8% to $101.37. Tokyo's Nikkei 225 slipped 0.8% to 62,189.65 as chipmakers came under renewed selling pressure. Advantest fell 3.9% and Tokyo Electron lost 3.7%. The Bank of Japan is due to announce its key interest rate decision later in the week. Seoul's Kospi dropped 1.5% to 5,469.47, with Samsung Electronics down 1.1%. Hong Kong's Hang Seng gained 0.5% to 23,206.82, while the Shanghai Composite added 0.2% to close at 3,697.52. Australia's S&P/ASX 200 rose 0.2% to 8,809.90. U.S. futures edged higher. Investors are bracing for earnings from Alphabet, Microsoft and Amazon, and a Federal Reserve rate decision. The Fed is expected to hold rates steady but is leaning toward a December hike.