WELLINGTON, Feb 23 (Reuters) - Asian shares are set for a
cautious start on Monday after U.S. stocks fell on Friday on
fears the government would be forced to nationalise some banks.
Wall Street indexes fell up to 1.3 percent as doubts over the health of the financial sector plagued investors alongside concerns over how the government will act to rescue stricken banks.
A meeting of European Union leaders responded to doubts over the financial sector by recommending increased regulation across financial markets.
Japanese shares are likely to fall, with Nikkei futures traded in Chicago last trading at 7,295 points, 15 points above the last traded level in Osaka.
The U.S. dollar fell across the board on the growing fears over potential bank nationalisations.
Crude oil prices fell as the deteriorating financial outlook weighed on the market.
HEADLINES: > Europe says all markets must be regulated > ANALYSIS-Obama to set big goals in first budget > Citi, BofA shares fall on nationalization fears > White House favors US banks staying private > US bank stress tests to show capital needs -source > Gold soars, global stocks slump but trim losses > Stanford surrenders passport, Antigua units seized > Roubini: Nowhere near end of crisis > Netanyahu, Livni hold first post-election talks > GM's Saab wins creditor protection, seeks saviour > U.S. consumer prices rise, calm deflation fears > Oil prices fall on economic concerns > Swiss bank shares tumble as UBS tax probe widens > U.S. tells N Korea to end insults, return to talks
KEY INDEXES pct change
Bank of New York Asia ADR index -1.91
Dow Jones Industrial Average -1.34
Nasdaq Composite Index -0.11
MSCI Asia Pacific ex-Japan -2.74
Nikkei futures in Chicago -3.25
Nikkei futures in Osaka -1.36
ASIAN ADR ACTION:
5 most actively traded: pct change
TSMC -1.70
Infosys Tech -2.27
AU Optronics -4.36
Mitsubishi UFJ -0.44
HSBC Holdings -2.05
Top 5 performers: pct change
Novogen 17.62
Chartered Semi 6.13
Orix 5.86
Lihir Gold 4.65
Nomura Hld 4.35
Bottom 5 performers: pct change
Woori Fin Gp -12.69
Webzen -12.00
Shinhan Fin Gp -7.14
SMIC -6.99
Hitachi -5.95
TOP ASIA EVENTS:
For more Asian company earnings, see
HONG KONG - January consumer price index
SINGAPORE - United Industrial Corp Q4 results
(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.
Wall Street indexes fell up to 1.3 percent as doubts over the health of the financial sector plagued investors alongside concerns over how the government will act to rescue stricken banks.
A meeting of European Union leaders responded to doubts over the financial sector by recommending increased regulation across financial markets.
Japanese shares are likely to fall, with Nikkei futures traded in Chicago last trading at 7,295 points, 15 points above the last traded level in Osaka.
The U.S. dollar fell across the board on the growing fears over potential bank nationalisations.
Crude oil prices fell as the deteriorating financial outlook weighed on the market.
HEADLINES: > Europe says all markets must be regulated > ANALYSIS-Obama to set big goals in first budget > Citi, BofA shares fall on nationalization fears > White House favors US banks staying private > US bank stress tests to show capital needs -source > Gold soars, global stocks slump but trim losses > Stanford surrenders passport, Antigua units seized > Roubini: Nowhere near end of crisis > Netanyahu, Livni hold first post-election talks > GM's Saab wins creditor protection, seeks saviour > U.S. consumer prices rise, calm deflation fears > Oil prices fall on economic concerns > Swiss bank shares tumble as UBS tax probe widens > U.S. tells N Korea to end insults, return to talks
KEY INDEXES pct change
Bank of New York Asia ADR index -1.91
Dow Jones Industrial Average -1.34
Nasdaq Composite Index -0.11
MSCI Asia Pacific ex-Japan -2.74
Nikkei futures in Chicago -3.25
Nikkei futures in Osaka -1.36
ASIAN ADR ACTION:
5 most actively traded: pct change
TSMC -1.70
Infosys Tech -2.27
AU Optronics -4.36
Mitsubishi UFJ -0.44
HSBC Holdings -2.05
Top 5 performers: pct change
Novogen 17.62
Chartered Semi 6.13
Orix 5.86
Lihir Gold 4.65
Nomura Hld 4.35
Bottom 5 performers: pct change
Woori Fin Gp -12.69
Webzen -12.00
Shinhan Fin Gp -7.14
SMIC -6.99
Hitachi -5.95
TOP ASIA EVENTS:
For more Asian company earnings, see
HONG KONG - January consumer price index
SINGAPORE - United Industrial Corp Q4 results
(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.