WELLINGTON, Jan 12 (Reuters) - Asian shares are likely to
ease on Monday as U.S. stocks weakened on jobs data, raising
fears that recession in the world's largest economy would deepen.
Although the half-million jobs lost in the U.S. economy was in line with expectations, investors worried about the effect of rising unemployment on the outlook for corporate earnings.
Wall Street's major indexes fell by as much as 2.8 percent.
Japanese markets are closed on Monday for the Coming of Age day holiday.
The U.S. dollar and the yen both gained against the euro, as weaker stock markets saw a flow of money to safer assets, into U.S. treasuries and unwinding yen borrowings.
Crude oil prices fell on fears that U.S. job losses would hit consumption in the world's biggest oil market.
HEADLINES: > Obama: Financial bailout program needs overhaul > EU monitors arrive to get Russian gas flowing > Focus on rates, earnings, bonds and scandals > Economists see longest U.S. recession since WWII > India installs new Satyam board, founders in jail > Chrysler says not positioning itself for sale > UK profit warnings in 2008 at 7-year high - survey > Berlusconi says Lufthansa out of Alitalia race now > HBOS gets equity approach for housing units-paper
KEY INDEXES pct change
Bank of New York Asia ADR index -2.39
Dow Jones Industrial Average -1.64
Nasdaq Composite Index -2.82
MSCI Asia Pacific ex-Japan -0.73
Nikkei futures in Chicago -2.71
Nikkei futures in Osaka -0.23
ASIAN ADR ACTION:
5 most actively traded pct change
Siliconware -5.79
TSMC -0.66
UMC -0.93
Infosys Tech -0.64
AU Optronics -0.13
Top 5 performers: pct change
Webzen 5.09
TDK Corp. 4.99
Lihir Gold 2.96
Nomura Hld 2.16
Wipro 1.86
Bottom 5 performers: pct change
Woori Fin Gp -10.87
POSCO -7.77
Rio Tinto -7.71
Orix -7.65
China Eastern -7.48
TOP ASIA EVENTS:
For more Asian company earnings, see
JAPAN - Coming of Age day, national holiday
HONG KONG - Cathay Pacific engineering forum
- Strong Petrochemical Holdings Ltd
trading debut
(Reporting by Adrian Bathgate) For top Asian company news, double click on: U.S. company news European company news U.S. weekly outlook European weekly outlook Forex news Global Economy news Tech/Telecoms/Media Banking news Political/General news Asia Macro data ASIA STOCK MARKETS: Pan-Asia........ Japan....... S.Korea... S.E. Asia....... Hong Kong... Taiwan.... Australia/NZ.... India....... China..... DIARIES & DATA: IPO diary/data Asia earnings diary U.S. earnings diary European diary Hong Kong diary Wall Street Week Ahead Eurostocks Week Ahead LIVE PRICES & DATA: World Stocks Asian Stocks Dow Jones/NASDAQ / Nikkei FTSE 100 Debt Currency rates Keywords: MARKETS ASIA/ (adrian.bathgate@reuters.com; +64-4-4714233; Reuters Messaging: adrian.bathgate.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Although the half-million jobs lost in the U.S. economy was in line with expectations, investors worried about the effect of rising unemployment on the outlook for corporate earnings.
Wall Street's major indexes fell by as much as 2.8 percent.
Japanese markets are closed on Monday for the Coming of Age day holiday.
The U.S. dollar and the yen both gained against the euro, as weaker stock markets saw a flow of money to safer assets, into U.S. treasuries and unwinding yen borrowings.
Crude oil prices fell on fears that U.S. job losses would hit consumption in the world's biggest oil market.
HEADLINES: > Obama: Financial bailout program needs overhaul > EU monitors arrive to get Russian gas flowing > Focus on rates, earnings, bonds and scandals > Economists see longest U.S. recession since WWII > India installs new Satyam board, founders in jail > Chrysler says not positioning itself for sale > UK profit warnings in 2008 at 7-year high - survey > Berlusconi says Lufthansa out of Alitalia race now > HBOS gets equity approach for housing units-paper
KEY INDEXES pct change
Bank of New York Asia ADR index -2.39
Dow Jones Industrial Average -1.64
Nasdaq Composite Index -2.82
MSCI Asia Pacific ex-Japan -0.73
Nikkei futures in Chicago -2.71
Nikkei futures in Osaka -0.23
ASIAN ADR ACTION:
5 most actively traded pct change
Siliconware -5.79
TSMC -0.66
UMC -0.93
Infosys Tech -0.64
AU Optronics -0.13
Top 5 performers: pct change
Webzen 5.09
TDK Corp. 4.99
Lihir Gold 2.96
Nomura Hld 2.16
Wipro 1.86
Bottom 5 performers: pct change
Woori Fin Gp -10.87
POSCO -7.77
Rio Tinto -7.71
Orix -7.65
China Eastern -7.48
TOP ASIA EVENTS:
For more Asian company earnings, see
JAPAN - Coming of Age day, national holiday
HONG KONG - Cathay Pacific engineering forum
- Strong Petrochemical Holdings Ltd
trading debut
(Reporting by Adrian Bathgate) For top Asian company news, double click on: U.S. company news European company news U.S. weekly outlook European weekly outlook Forex news Global Economy news Tech/Telecoms/Media Banking news Political/General news Asia Macro data ASIA STOCK MARKETS: Pan-Asia........ Japan....... S.Korea... S.E. Asia....... Hong Kong... Taiwan.... Australia/NZ.... India....... China..... DIARIES & DATA: IPO diary/data Asia earnings diary U.S. earnings diary European diary Hong Kong diary Wall Street Week Ahead Eurostocks Week Ahead LIVE PRICES & DATA: World Stocks Asian Stocks Dow Jones/NASDAQ / Nikkei FTSE 100 Debt Currency rates Keywords: MARKETS ASIA/ (adrian.bathgate@reuters.com; +64-4-4714233; Reuters Messaging: adrian.bathgate.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.