Asian stocks lower
Asian markets fell Thursday as a confidence survey in Japan heightened worries over the nation's recovery prospects, while more weak US jobs data also darkened the mood.
TOKYO: Down 1.53 percent. The Nikkei-225 dropped 154.59 points to 9,978.64.
The Tankan also showed the outlook for earnings remains bleak as major manufacturers are assuming the dollar will average 94.50 yen during this fiscal year, suggesting they might have to downgrade their earnings forecasts unless the Japanese currency weakens. The yen is currently hovering around 90 to the dollar.
Toyota shed 1.7 percent to 3,510 yen and Sanyo Electric slid 7.5 percent to 197 yen.
SYDNEY: Down 0.90 percent. The S&P/ASX200 fell 42.5 points to 4,701.1.
Rising crude prices helped the energy sector, with Woodside Petroleum up 26 cents at 52.39 and Oil Search lifting five cents to 6.50.
SEOUL: Down 1.70 percent. The KOSPI ended down 28.51 points at 1,644.63.
Hyundai Motor tumbled 8.1 percent to 102,500 won and Kia Motors slid 6.7 percent to 17,350.
Samsung Electronics lost 2.8 percent to 792,000 won.
Financial markets will be closed Friday for the Chuseok holiday.
TAIPEI: Up 0.48 percent. The weighted index rose 36.12 points to 7,545.29.
SINGAPORE: Down 0.57 percent. The Straits Times Index fell 15.13 points to 2,657.44.
Singapore Telecommunications rose three cents to 3.28 while Singapore Airlines fell 24 cents to 13.54 dollars.
DBS Group Holdings sank 26 cents to 13.02.
BANGKOK: Up 1.37 percent. The Stock Exchange of Thailand rose 9.84 points to close at 726.91.
KUALA LUMPUR: Up 0.52 percent. The Kuala Lumpur Composite Index gained 6.27 points to 1,208.35.
Telecommunications company Axiata rose 1.6 percent to 3.15 ringgit while gaming giant Genting Malaysia climbed 1.1 percent to 2.77 ringgit.
Budget carrier AirAsia was down 0.7 percent at 1.39 ringgit.
JAKARTA: Up 0.4 percent. The Jakarta Composite Index rose 10.38 points to 2,477.97.
MANILA: Up 1.0 percent. The composite index added 28.20 points to close at 2,829.02.
WELLINGTON: Up 0.72 percent. The NZX-50 gained 22.79 points to 3,183.85.
Port of Tauranga closed seven cents ahead at 6.85 and Air New Zealand was up two cents to 1.23.
MUMBAI: Flat. The 30-share Sensex edged up 7.71 points, or 0.05 percent, to 17,134.55, a 16-month high.
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