Hong Kong - Asian markets retreated Monday, taking their lead from a heavy sell-off on Wall Street despite a healthy US jobs report, while the dollar struggled to regain losses suffered against the yen at the end of last week.
Tokyo's benchmark Nikkei-225 index fell 1.69% to finish at 14 809. Sydney recovered most of its early losses to close down 0.17% at 5 413.7.
Seoul closed flat, inching up 0.08% to close at 1 990 while Hong Kong eased 0.62% in afternoon trade.
Shanghai and Bangkok were closed for public holidays.
On Friday the US Labor Department said the world's number one economy added 192 000 jobs in March - just below forecasts of 195 000 - while the unemployment rate held steady at 6.7%.
While the figure was an improvement on the past three months when the country was hit by a severe winter, the growth rate is unlikely to alter the pace of the Federal Reserve's stimulus tapering programme.
The dollar sank in New York after the report. A stronger figure would likely have pressed the Fed to wind down its asset purchases quicker, in turn putting upward pressure on interest rates.
The dollar ended on Friday at ¥103.26 from ¥103.88 earlier in Tokyo.
On Monday the greenback bought ¥103.03 in afternoon trade.
The euro fetched $1.3701 in the afternoon on Monday against $1.3704 in US trade, while it was also at ¥141.17 against ¥141.50 in New York and ¥142.36 in Tokyo on Friday.
On Wall Street the three main indexes tumbled after notching up strong gains through the week.
The Nasdaq plunged 2.60% while the Dow sank 0.96% and the S&P 500, which saw two record closes in the week, lost 1.25%.
However, analysts said the sell-off was mostly down to shares in big-name firms such as Facebook, Netflix and Google being overvalued rather than investors reacting to economic data.
Oil prices dipped. New York's main contract West Texas Intermediate for May delivery dropped 30 cents to $100.84 a barrel in afternoon trade and Brent North Sea crude for May slid 80c to $105.92.
Gold fetched $1 300.90 an ounce at 08:35 up from $1 292.03 late on Friday.