Japanese shares slipped on Monday as investors booked profits following a rally over the past couple of weeks, but automakers gained after Toyota Motor hinted that it could still hit its full-year output plan despite chip shortages. Investors were also cautious on rising uncertainty on the Chinese economy as debt-laden Chinese property firm Evergrande struggles for its survival and as the country's GDP slowed in the third quarter. Toyota Motor rose 2.5% after it cut its planned global output for November by as much as 15% due to ongoing chip shortages, but indicated it would ramp up production from December by sticking to its latest full-year production target.
The new British number one beat Nikoloz Basilashvili in three sets for his second title of 2021.
China's economic growth tumbled more than expected in the third quarter, official data showed Monday, as the property sector struggled with tighter policy measures and an energy crisis loomed.