In the UK stocks have advanced in early trading moving the FTSE 100 up 5.1 points, or 0.1%, to 5270.3, as Hilton Group shares jumped after an undisclosed offer by Hilton Hotels.
Hilton Group, operator of the world's biggest chain of betting shops, has jumped 15% to 351p as it said it is considering an offer to buy its lodging unit. Reports suggest the purchase may be all cash and values the business at about £3.6bn.
Tate & Lyle, which runs the world's biggest sugar refinery, is the biggest faller this morning as it slipped 3% to 455p.
In Japan, the Nikkei 225 Stock Average lost 28.70 points, or 0.2%, to 13,420.54, paced by raw-materials suppliers including JFE Holdings after the price of oil slid and copper slumped. as demand from China declined.
JFE, Japan's second-largest steelmaker, lost 180 yen, or 4.8%, to 3,580, while Mitsui Mining & Smelting, Japan's largest maker of non-ferrous metals, fell 19 yen, or 3%, to 610.
Trading companies, Mitsui, the nation's No.2, lost 53 yen, or 3.6%, to 1,427 and Mitsubishi, the largest, declined 60 yen, or 2.7, to 2,165 after crude oil fell 1.6% to $63.08 a barrel.
Copper prices had the biggest two-day drop in eight weeks after the International Copper Study Group said China's demand in July fell 13% from the previous month bringing global usage to the lowest since April.
Among technology stocks, Tokyo Electron, the world's second-largest maker of chip-production equipment, gained 130 yen, or 2.2%, to 6,010, while Sony, the maker of the PSP portable game console, gained 50 yen, or 1.3%, to 3,810.
In the US, the Dow Jones Industrial Average inched down 0.32 of a point to close at 10,216.59, after sliding crude oil prices hit the energy sector.
Shares of Apple surged 9.1% to $53.74, a day after the computer company unveiled an iPod that plays video and surprised Wall Street by announcing a television distribution deal with Walt Disney. Disney shares also rose 0.4% to $23.43.
But Exxon Mobil and other energy shares pushed down the Dow after oil futures tumbled $1.04 to $63.08 a barrel. Exxon Mobil fell 1.3% to $58.16 and was among the heaviest drags on the index.
Other falling stocks included ConocoPhillips, which dropped 3.8%, or $2.42, to $61.05, while Chevron also slid 2.3%, or $1.42, at $59.54.
Among the Dow's advancing stocks, McDonald's rose 1.2% to $32.05, a day after the world's largest fast-food chain reported preliminary third-quarter results that topped Wall Street's forecasts.IFAonline
‘Most significant’ upgrade since launch
Changes happening over coming months
Had accepted British Steel business
Aimed at HNW clients and family groups
Set for 1 April 2019