DAVID HAFFENREFFER, CNN ANCHOR: Asia's leading markets trickled lower Monday as Internet, technology and telecom issues fell in Tokyo and the chip sector companies depressed Korea's main index.</s>DEBORAH MARCHINI, CNN ANCHOR: Dalton Tanouaka has the summary of Asian markets from Hong Kong. Hello, Dalton.</s>DALTON TANOUAKA, CNN CORRESPONDENT: Good morning, Deborah, good morning, David. Asian markets did shrug off Wall Street's strong Friday finish. Tokyo's Nikkei average closing two-thirds of a percent lower as earnings jitters hit Japanese investors. Tech shares lead the losers, Fujitsu losing 3 percent, NEC and Sony falling 2 percent each. All three tech giants report earnings later this week. The Tokyo market also hurt by the planned share offering of dominant carrier Nippon Telegraph and Telephone, NTT sliding 3 percent ahead of the government's pricing of the 1 million shares to be floated. Hong Kong's Hang Seng index edged up slightly, helped by gains in banking and property stocks, but trading was thin as investors wait for an announcement by Pacific Century Cyberworks. After the market closed, PCCW said it will issue a $1.1 billion convertible bond and new shares. South Korea's Kospi was one of the biggest losers in the region. It tumbled more than 3 percent due to weakening chip prices and volatile oil prices worldwide. And that is the business day here in Asia. Back to both of you in New York.</s>HAFFENREFFER: All right, thank you very much, Dalton.
Asian Markets Trickle Lower as Internet, Tech, Telecom Issues Fall