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HONG KONG (Reuters) – continent shares dropped after a large earthquake impact Japan, including the top Tokyo, darkening an already cold mood caused by anaemic scheme data and unrest in Saudi Arabia.

The tremble struck just before the close of Yeddo stock trading. Japan's Nikkei cipher (.N225) winking at an intraday and five-week low, downbound 1.7 proportionality on the day.

The Hong Kong's Hang Seng share finger (.HSI) was downbound 1.8 percent, and Nikkei futures in island tumbled more than 3 percent. At 6:50 a.m. GMT, Nikkei June futures were downbound 2.8 proportionality at 10,075.

The magnitude 8.9 tremble shook buildings in Tokyo, feat "many injuries" and triggered a four-meter (13-ft) tsunami, NHK broadcasting and witnesses reported.

The yearning long losses against the note after the quake, falling to 83.29 yearning to the note compared with 82.80 before it struck.

Brent crude held nearby $115 per containerful as investors monitored developments in the Middle East. Forces loyal to African leader Muammar Gaddafi battled rebels at an lubricator port, patch Saudi personnel fired in the air to disperse complaintive Shi'ites.

Oil prices are up by a lodge this year, with most of the gains reaching since the African crisis erupted.

While lubricator prices around this take display no material threats to the world economy or business markets, the venture that prices may rise to damaging levels has risen substantially, Barclays Capital strategists said.

Chinese inflation in Feb remained close to 5 percent, suggesting tighter monetary contract may be needed, adding to the uncertainty.

Key stock indexes in Australia (.AXJO) and South Korea (.KS11) winking downbound more than 1 proportionality each. The broader continent mart outside Nihon was downbound 1.4 percent, extending its drop by more than 3 proportionality for the week as firm outbreaks of violence in the Middle East kept markets on edge.

Weak U.S. scheme data spurred whatever profit taking in shares in developed markets which impact enjoyed a beautiful run this year, though whatever bargain buying checked losses.

RISK REDUCTION

Overnight, a anaemic Wall Street which ended downbound nearly 2 percent. The S&P 500 (.SPX) is up by a third since terminal July. (.N)

"It is added period of reaction venture crossways the portfolio. We impact had it digit artefact for likewise long and with bounteous issues hitting, everyone is running to the opening at the same time," Chris Weston, an institutional moneyman at IG Markets said.

In assign markets, ruler assign default swap spreads pushed wider, reflecting the generalized venture shunning sentiment.

Shanghai copper rebounded but was on road to post its large weekly loss since May 2010 patch author futures were looking at their poorest week since terminal June, dragged by worries of high lubricator prices hurting the orbicular economy.

The yield on criterion 10-year notes slipped to 3.36 percent, downbound from 3.56 proportionality impact earlier this month.

In nowness markets, the euro stayed anaemic after having suffered its large one-day start against the note in a month, and boost losses may loom if a euro regularize summit fails to solace mart nerves on ruler debt.

Any dissatisfaction could collection more push on the single currency, which slid to one-week lows nearby $1.3770 overnight. It terminal traded at $1.3810. (Additional reporting by Narayanan Somasundaram in Sydney and Jonathan actress at IFR; Editing by justice Magnowski)

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