Hon Hai Precision Industry Co., Ltd.

Wall Street overnight fell on the unexpected drop of the private sector employment data, which raised investors' concern over the key nonfarm payroll figures to be released on Friday. Asian markets were mostly lower Wednesday. Japan's Nikkei index closed slightly lower with a 0.1 per cent fall on the last day of the current fiscal year for most Japanese companies. China's Shanghai Composite and Hong Kong's Hang Seng Index both lost 0.6 per cent. Today China is due to release PMI figures for the manufacturing sector.

Wall Street slumped sharply on Thursday after disappointing earnings reports and news of China's further tightening bank lending. The US dollar soared to one month high against a basket of currencies while investors shifted to haven.

Most Asian markets delivered modest gains on Thursday as positive US economic data restored confidence in a global economic recovery.

Sony Corp. (TYO:6758) will sell 90% of its stake held in its main television factory in North America to Taiwan's Hon Hai Precision Industry Co. (TPE:2317) as a part of a plan to restructure its television business.

Asian markets extended strong gains Tuesday. However, investors were still cautious although US shares jumped nearly 7% a day earlier. On Wednesday most major indices in Asia opened modestly lower following the weak lead of Wall Street.

Most Asian markets ended lower on Friday, following the massive slump on Wall Street in previous trading session. Investors also remained cautious before a key U.S. report on the jobs market. In major indexes, Japan's Nikkei 225 Average saw a biggest fall of 3.5%. Hong Kong's Hang Seng Index ended down 2.4%, while Shanghai Composite fell 1.3%.

Asian markets ended sharply lower Friday, weighed down by the weakness in the US and European markets. Japan's Nikkei Stock Average fell 1.9% as investors were still not comfortable with the recent falls of Japanese yen, but the slumping Korean won hurt shares in Seoul with the Kospi plummeted 3.7%. Shanghai and Hong Kong stocks gained about 1.5%. Today the Chinese shares opened slightly weaker while the Hong Kong shares were up 1.8 percent.

Yesterday Asian share markets ended broadly lower after Wall Street's massive sell-off over the revised proposal to shore up U.S. banks. Japanese markets were closed for a public holiday. Hong Hong's Hang Seng Index dropped 2.5%, while South Korea's Kospi gave up 0.7%.