TREASURIES-Edge up in Asia as stocks fall

TOKYO May 14 (Reuters) - U.S. Treasuries edged up in Asia on Friday, adding to the previous day's gains as stocks in the region faltered, enhancing the appeal of safe-haven government debt.

* Stocks in Asia fell over worries that belt-tightening in Europe would dent economic growth and after Wall Street slid following downbeat comments on the economy from company executives.

* The market awaited indicators due later on Friday including retail sales and industrial production numbers for April to gauge the state of the U.S. economy.

* "Much of recent data out of the U.S. has been upbeat and the retail sales numbers may be quite strong as well," said Yasutoshi Nagai, chief economist at Daiwa Securities Capital Markets.

* "But strong data may not be able to slow bids into Treasuries as long as the market's focus remains on Greece's debt crisis and charges against major financial institutions," Nagai said.

* Wall Street and major banks around the world are attracting scrutiny from regulators who are looking at transactions that occurred in the run-up to the subprime mortgage meltdown and financial crisis. [ID:nLDE64C0N0]

* Ten-year U.S. Treasuries edged up 1/32 in price to yield 3.53 percent US10YT=RR, down about 0.5 basis point from late U.S. trade on Thursday.

* Ten-year note futures rose 8/32 to 119-3.5/32 TYv1.

* Tokyo's Nikkei stock average .N225 shed 1.6 percent and the MSCI ex-Japan index .MIAPJ0000PUS slipped 0.6 percent. (Reporting by Shinichi Saoshiro; Editing by Joseph Radford)