Global Markets Today, Sept. 1 -- Asian markets opened mostly lower on Monday as investors weighed a U.S. federal appeals court decision declaring most of former President Donald Trump's "reciprocal tariffs" illegal.

On Friday, the U.S. Court of Appeals for the Federal Circuit ruled that Trump exceeded his presidential authority by imposing tariffs on nearly every country as part of his April 2 "liberation day" declaration.

Market participants will also be watching developments in India-China relations, following a two-day meeting of the Shanghai Cooperation Organisation, where both nations' leaders emphasized being development partners rather than rivals. Chinese President Xi Jinping is expected to address the summit.

Japan's Nikkei 22...