Chinese yuan falls to record low amid US-China trade war

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The Chinese currency weakened to an 11-year low on Monday as Asian stock markets tumbled amid an escalating trade war. However, the Japanese yen rallied as investors flocked to safe-haven assets.

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Concerns eased a bit after Chinese Vice Premier Liu He said China is willing to resolve trade dispute through 'calm negotiations'

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* Nikkei futures point to opening drop of over 3%

* Dollar slides on yen amid safe-haven rush

* Yuan under pressure as trade war escalates

* Gold jumps to fresh high at $1,550, oil slides