Onshore RMB closed at 6.7763 per USD at 16:30 on June 22, down 140 pips from the previous trading day.

South Korea's KOSPI opened down 108.82 points, or 1.2%, at 8,943.6 on Monday, June 22.

Former Federal Reserve Chair Alan Greenspan died Monday at age 100 at home from complications of Parkinson’s disease. Greenspan led the Fed from 1987 until retiring in early 2006, a period marked by a long expansion, low unemployment and strong equity markets; his standing was later dented by the financial crisis that erupted within two years of his departure. Former Fed Vice Chair Roger Ferguson said Greenspan was among the most influential central bankers of the late 20th century and an early proponent of the view that technology-driven productivity gains supported faster growth without rekindling inflation.