Tokyo - Stocks opened lower Tuesday in Tokyo as overnight losses on Wall Street spurred concerns over the world recession.

The Nikkei 225 Stock Average fell 82.17 points, or 0.96 per cent, to 8,440.41.

The broader Topix index of all first-section issues was also down 2.23 points, or 0.26 per cent, to 848.26.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 96.42-47 yen, down from Monday's 5 pm quote of 97.10-12 yen.

Washington  - US stocks dropped Monday after US banking giant Citigroup announced a massive job cut, extending a steady decline over the last two weeks amid concerns of a deepening recession.

Citigroup said Monday that it was eliminating about 53,000 jobs from its international workforce and cutting costs by 20 per cent after suffering huge losses in the global financial crisis.

Beijing - Shares on China's two stock markets jumped by about 2 per cent on Monday, continuing an upward trend from last week.

The key Shanghai Composite Index, which tracks shares traded in foreign and local currencies, rose by 44.05 points, or 2.22 per cent, to end the day at 2,030.49 points.

The smaller Shenzhen Composite Index also gained nearly 2 per cent as the markets were buoyed by rising airline stocks after reports that the government planned to invest 3 billion yuan (440 million dollars in China Eastern and China Southern airlines.

New Delhi - India's stock indices dipped downward by more than 3 per cent Monday after a meeting of the world's leading economies failed to throw up any immediate solutions to the global economic crisis and Japan announced its economy had slid into recession.

The Bombay Stock Exchange's benchmark 30-share Sensex was trading at around 8,990 at noon, about 4.21 per cent below its previous close.

The broader 50-share S&P CNX Nifty of the National Stock Exchange was hovering around 2,704.80, 3.76 per cent below Friday's close.

Tokyo - Tokyo stocks ended modestly higher Monday as investors bought back battered shares, but gains were capped due to anxiety over the slowdown of Japan's economic growth.

The Nikkei 225 Stock Average inched up 60.19 points, or 0.71 per cent, to close at 8,522.58.

The broader Topix index of all first-section issues was also up 3.58 points, or 0.42 per cent, to 850.49.

The government announced Monday that the nation's economy shrank at an annualized rate of 0.4 per cent in real terms in the July-September period.

Tokyo  - Tokyo stocks opened modestly higher Monday as investors bought back battered shares, but gains were capped due to anxiety over the slowdown of Japan's economic growth.

The Nikkei 225 Stock Average edged up 98.8 points, or 1.17 per cent, to 8,561.19.

The broader Topix index of all first-section issues was also up 6.31 points, or 0.75 per cent, to 853.22.

The government announced Monday that the nation's economy shrank at an annualized rate of 0.4 per cent in real terms in the July-September period.