STOCKS NEWS ASIA-Shares set to fall after Wall St woes

(For the latest on global markets, click [MKTS/GLOB])
WELLINGTON, Nov 2 (Reuters) - Asian stocks are set to fall on
Monday after Wall Street posted its biggest one day slide since
July on renewed worries about economic recovery.

The main U.S. share indices ended last week as much as 2.8
percent lower, with financial stocks hurt as concerns about
Citigroup's (C.N) balance resurfaced.

A bag of mixed U.S. data showing weaker consumer
confidence, improved Midwest factory activity, but worse
employment conditions offered no support to stocks. See
[ID:nN30482062]

Wall Street's favourite measure of investor fear, the CBOE
Volatility Index .VIX, soared 24 percent -- its biggest
one-day percentage gain since October 2008.

British and European shares also slipped, dragged down by
commodity and financial stocks.

Japanese shares are expected to fall sharply, with Nikkei
futures traded in Chicago 2NKc1 270 points below the last
closing level in Osaka JNIc1.

The Japanese earnings season continues with Daihatsu Motor
Co. (7262.T), Fuji Heavy Industries (7270.T) and Suzuki Motors
Corp (7269.T) all reporting. For more see [JP/DIARY]

Australian stocks are also seen opening weaker, with share
index futures YAPcm1 at 4,506, a 137.2 point discount to the
underlying S&P/ASX 200 index's .AXJO close on Friday.

The U.S. dollar and yen both rallied as the stock market
declines boosted the currencies' safe haven allure.

Oil prices CLc1 fell more than 3 percent as the U.S. data
raised doubts about a recovery in demand.

HEADLINES: > Wall St tumbles on recovery jitters,
financials [nN30437359] > U.S. consumer spending falls,
sentiment sours [nN30482062] > Oil falls more than 3 pct on
economic woes [nSYD444731] > US consumer spending falls,
sentiment sours
[nN30482062] > China survey shows sustained industrial
expansion [nPEK81136] > Fed seen on hold as outlook uncertain

[nN01437140] > China to keep loose monetary policy -
cenbank

[nWLA7016] > S.Korea Oct exports underscore global recovery
woe [nSEO73164] > Japan may backtrack on lending regulations
-Nikkei [nT83915] > China sees rocky export rebound,
shrinking surplus [nSP482730] > Sanyo to supply batteries for
Peugeot-Nikkei [nT81803]

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KEY INDEXES pct change

Bank of New York Asia ADR index .BKAS -3.33

Dow Jones Industrial Average .DJI -2.51

Nasdaq Composite Index .IXIC -2.50

MSCI Asia Pacific ex-Japan .MSCIAPJ +0.86

Nikkei futures in Chicago 2NKc1 9,740

Nikkei futures in Osaka JNIc1 10,010

--

ASIAN ADR ACTION:

5 most actively traded: pct change

TSMC (TSM.N)(2330.TW) -3.73

Siliconware (SPIL.O)(2325.TW) -5.48

Infosys Tech (INFY.O)(INFY.BO) -2.67

UMC (UMC.N)(2303.TW) -4.64

BHP Billiton (BHP.N)(BHP.AX) -5.15

Top 5 performers: pct change

Makita Corp. (MKTAY.O)(6586.T) 3.68

Satyam (SAY.N)(SATY.BO) 2.92

Dr. Reddy (RDY.N)(REDY.BO) 2.60

Novogen (NVGN.O)(NRT.AX) 1.42

Santos STOSY.O(STO.AX) 0.00

Bottom 5 performers: pct change

Genetic Tech (GENE.O)(GTG.AX) -10.14

Wipro (WIT.N)(WIPR.BO) -8.04

Tom Online (TOMO.O)8282.HK -7.00

Alumina (AWC.N)(AWC.AX) -6.92

China Eastern (CEA.N)(0670.HK) -6.91

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TOP ASIA EVENTS:

For more Asian company earnings, see [ASIA/EQTY]

JAPAN - Daihatsu Motor Co (7262.T) H1 results

- Fuji Heavy Industries Ltd (7270.T) Q2 results

- Suzuki Motors Corp (7269.T) H1 results

HONG KONG - CVM Minerals Ltd (0705.HK) Q3 results.

- Jiangsu Nandasoft Technology Co Ltd (8045.HK)

Q3 results.

- September 2009 retail sales data.

AUSTRALIA - House price indexes, September

- TD-MI inflation gauge October

TAIWAN - Chinatrust Financial (2891.TW) Q3 investor

conference

- Fubon Financial (2881.TW) Q3 investor
conference

STH KOREA - October consumer price index

- Hyundai Motor Co (005380.KS) and other car
makers to report Oct car sales