Asia close: Shares slide after poor US jobs data; dollar falls
Asian shares closed lower as the markets digested last Friday's poor US jobs data which dampened market expectations of another rate rise by the Federal Reserve.
The weak US numbers also prompted a fall in the dollar against major currencies. The greenback was down to 107 yen from Friday's 109.
Japan's Nikkei index fell 0.37% to close at 16,580.
China's Shanghai Composite index finished the session 4.58 lower points at 2,934.10. The Hang Seng index in Hong Kong managed to buck the trend to close 82.98 points at 21,030.22.
Australian shares benefited from the weaker dollar as mining shares helped the S&P/ASX 200 index to close up 41.53 points at 5,360.42.
South Korea and New Zealand's stock markets were closed for public holidays.
Shares in Japanese brewer Asahi fell by more than 2% on media reports on Sunday that it is exploring a $7.3bn bid for some of SABMiller's eastern European assets.
Asahi denied the reports, saying it was focused on integrating recently-purchased assets from Anheuser-Busch InBev.
In Australia, miners led the way as the weak dollar and investor flight to gold boosted the resources sector.
A rise in other copper and zinc prices also helped. BHP Billiton and Rio Tinto rose on the news.
Storms that lashed Australia's eastern coast causing severe flooding and damage led to a fall in heavweight insurers. QBE Insurance and Australia Group both fell as a result.
Shares in contractor UGL slumped after announcing that it was making an extra $200m charge to settle against two contracts for INPEX's Ichthys liquefied natural gas plant.