Asian Shrs End Lower: US Earnings Season Rattles Nerves

Asian equity markets suffered heavy losses Monday as nervous investors braced for a slew of big U.S. earnings reports in the coming week, though merger-and-acquisition related news boosted shares of China Eastern Airlines and Kirin Holdings. "People in general are reducing their risky exposure across Asia," said Yoji Takeda, head of Asian equities at RBC Investment in Hong Kong.


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