AnMaster.com

Alexkid

Asian shares mixed after weak US jobs data
PAMELA SAMPSON - The Associated Press

04:56:18PM (ET) Friday,January 14,2011.

BANGKOK (AP) — Asian stock markets closed out the week in sluggish mode Friday following weakness on Wall Street and a disappointing U.S labor report.

Oil prices fell to near $91 a barrel as traders mulled whether demand in a slowly recovering U.S. economy will be enough to push crude above $100 soon. In currencies, the dollar was down against the yen and up against the euro.

Japan's Nikkei 225 stock average fell 0.5 percent to 10,538.47 as Prime Minister Naoto Kan's Cabinet resigned en masse. The move paves the way for Kan to reshuffle his lineup later in the day in a bid to revive the economy. South Korea's Kospi index rose 0.5 percent to 2,101.50.

Investors were taking profits after the Nikkei closed at an eight-month high on Thursday, and the dollar's fall under the 83-yen line hurt exporters.

-----------------------------------------------------------------------
* News released early this morning.
Too soon for this disappointing info.
This may affect the U.S. next week. *

__________________
Yeah...Do That.