- Spinners come to party as England defeat Bangladesh at T20 World Cup
- Search continues for missing in deadly Bosnia floods
- Man City sink Fulham to get title bid back on track
- France's Auradou whistled on Pau return in Perpignan loss amid ongoing rape case
- A 'forgotten' valley in storm-hit North Carolina, desperate for help
- Arsenal hit back in style after Southampton scare
- Hezbollah heir apparent Safieddine out of contact after strikes
- Liverpool stay top of Premier League as Arsenal, Man City win
- In dank Tour of Emilia, Pogacar shines in rainbow jersey
- DR Congo launches mpox vaccination drive, hoping to curb outbreak
- Trump returns to site of failed assassination
- Careless Leverkusen held to Bundesliga draw
- O'Brien's 'superstar' Kyprios posts landmark win on Arc weekend
- Liverpool suffer Alisson injury blow
- Habosi helps Racing beat Vannes before Auradou's playing return
- Thousands march in London in support of Palestinians, 1 year after Oct 7
- Israel readying response to Iran missile attack
- Schutt, Mooney help Australia beat Sri Lanka in Women's T20 World Cup
- Liverpool extend Premier League lead with win at Palace
- Djokovic 'shakes rust off' to make third round of Shanghai Masters
- 'Imperfect' PSG fighting on all fronts - Luis Enrique
- Struggling Pakistan look to thwart adaptable England
- Child 'trampled to death' in asylum seekers' Channel crossing: minister
- Gauff fights back to set up Beijing final against Muchova
- Guardiola claims Premier League won't delay season for Man City
- Israel to mark October 7 attack as Gaza war spreads
- Gauff fights back to reach China Open final
- Recovering Stokes ruled out of first Pakistan Test
- Hezbollah battles troops on border as Israel pounds Lebanon
- Alcaraz, Sinner breeze into third round of Shanghai Masters
- Bagnaia wins Japan MotoGP sprint to cut Martin's lead
- Alcaraz breezes into third round of Shanghai Masters
- Gaza cultural heritage brought to light in Geneva
- 'Bullet for democracy': Trump returns to site of rally shooting
- Italy targets climate activists in 'anti-Gandhi' demo clampdown
- South Korean cult-horror series 'Hellbound' returns at BIFF
- Nepalis fear more floods as climate change melts glaciers
- Honduras arrests environmentalist's alleged murderer
- Padres pitcher Musgrove needs elbow surgery
- Supreme Court lets stand rules to curb mercury, methane emissions
- Boston beat Denver in NBA exhibition season opener, but Jokic says omens are good
- Chagos diaspora angry at lack of input on islands' fate
- Biden says 'not confident' of peaceful US election
- US trade chief defends tariff hikes when paired with investment
- Lukaku stars as Napoli beat Como to hold Serie A top spot
- Ohtani set for MLB playoff debut as Dodgers face Padres
- Pogba's drug ban cut to 18 months from four years
- Devine leads New Zealand to big win over India in Women's T20 World Cup
- Bosnia floods kill 16 people
- EU court blocks French ban on vegetable 'steak' labelling
Asian markets drop as US jobs data stoke recession fears
Asian markets retreated Monday after another batch of worse-than-expected US jobs data revived fears of a possible recession in the world's top economy.
The big miss in the August non-farm payrolls reading was compounded by heavily revised-down figures for the previous two months and ramped-up bets on a Federal Reserve interest rate cut next week.
A disappointing revenue forecast from chipmaker Broadcom added to the negative sentiment, dealing another blow to a tech sector already under pressure over concerns a rally this year may have been overdone.
The highly anticipated report Friday showed an estimated 142,000 jobs were created in the United States last month, up on July but well off forecasts.
Traders have been on edge since the July figures, which helped spark a market rut on speculation that the Fed may have waited too long to cut borrowing costs as it focused on bringing inflation down.
After last month's result, some analysts pointed to the "Sahm Rule," which says an economy is in the early stages of recession if the three-month moving average of unemployment is 0.5 percentage points above its low over the previous 12 months.
Wall Street's three main indexes tumbled Friday on the latest news and pushed the dollar down against its main peers.
With the central bank set to decide next week, debate is centred on whether it will reduce rates by 25 or 50 basis points.
"The report didn't suggest a severe downturn is imminent, but the softness in the numbers certainly point to an increase in the probability a recession could be on the cards," said National Australia Bank's Rodrigo Catril.
"The Fed may just cut by 25 basis points in September, but it will keep its options open for bigger cuts in November and or December, depending on how the data evolves from here."
After the payrolls report was released, Fed governor Christopher Waller said he was open minded about how big a cut to make but that officials needed to act.
"The current batch of data no longer requires patience, it requires action," he warned, while adding that he did not think the economy was in recession or headed for one.
Meanwhile, Chicago Fed boss Austan Goolsbee told CNBC: "It raises some serious questions, not just about this meeting, but over the next several months.
"How do we make an effort to not have things turn into something worse."
In Asian trade, Tokyo, Hong Kong, Shanghai, Sydney, Seoul, Taipei and Jakarta all fell, though there were gains in Mumbai, Singapore and Bangkook.
Tech firms again took a hit following heavy losses in their US peers, though bargain-buying helped them pare the morning's bigger falls.
Advantest and Tokyo Electron retreated in Tokyo, while Taipei listed chip titan TSMC dived more than two percent, with Samsung down a similar amount in Seoul.
A slight uptick in Chinese inflation did little to soothe worries about the world's number two economy, with the reading at a six-month high but missing forecasts.
London edged up at the open, as did Paris and Frankfurt.
Oil prices clawed back some of Friday's big losses sparked by demand concerns as the US outlook weakened.
The commodity was supported by news that OPEC and other key producers had delayed a planned output boost.
- Key figures around 0710 GMT -
Tokyo - Nikkei 225: DOWN 0.5 percent at 36,215.75 (close)
Hong Kong - Hang Seng Index: DOWN 2.0 percent at 17,088.93
Shanghai - Composite: DOWN 1.1 percent at 2,736.49 (close)
London - FTSE 100: UP 0.6 percent at 8,230.34
Dollar/yen: UP at 142.91 yen from 142.29 yen on Friday
Euro/dollar: DOWN at $1.1061 from $1.1089
Pound/dollar: DOWN at $1.3105 from $1.3132
Euro/pound: UP at 84.42 pence from 84.41 pence
West Texas Intermediate: UP 1.0 percent at $68.34 per barrel
Brent North Sea Crude: UP 0.9 percent at $71.71 per barrel
New York - Dow: DOWN 1.0 percent at 40,345.41 (close)
P.Queiroz--PC