Stock Indexes in Asia fell on Friday, the fifth consecutive day as investors worried that China”s central bank raises interest rates, and new banking regulations proposed by U.S. President Barack Obama will undermine the restoration of the American economy, reports Bloomberg.

Composite stock index MSCI Asia Pacific Asia Pacific lost 1.8% in opening trading, falling to 121.64 points.

Japanese Nikkei 225 index dropped to 2,7%, the Chinese Shanghai Composite - 1,6%%.

Copper and oil are becoming cheaper, the yen strengthened to reduce interest risk, the cost of insuring corporate bonds and default risk rising in Asia1000.

People”s Bank of China in January, raising the profitability of their bills with maturity of 3 months and 1 year, and unexpectedly increased the rate of compulsory reserves on bank deposits by 50 basis points. As economists predict, the Central Bank of China will increase the base interest rate before the end of the first half.

U.S. President proposes to limit the size of financial institutions in the country and the volume of their trade, believing that these measures will limit the risks assumed by banks. Initiative Obama caused a sharp decrease in stocks of the largest U.S. banks and contributed to the growth of negative sentiment among investors.

price of shares of Chinese steel companies Jiangxi Copper Co. and Aluminum Corp. of China Ltd. collapsed at the auctions in Hong Kong for more than 4%. Goldman Sachs lowered ratings of shares in these companies because of rising inflationary risks.

Quotes securities world”s leading mining group BHP Billiton Ltd. fell by 3% on expectations that Australia would raise the tax on mining. The market value of Rio Tinto Group fell by 3,8%.

The stock price of Australian oil company Woodside Petroleum fell by 2,7%. The company”s revenues in the fourth quarter fell by 23% compared to the same period in 2008 because of declining production.

Shares Japanese Toyota Motor Corp., the world”s largest automaker, fell 3.7% against the yen to strengthen against the dollar and euro.

Railways have sent 33 million rubles for the introduction of additional electricity capacity of the Krasnoyarsk Railways
Gazprom is losing customers in the domestic market
Markets are beginning to bubble

policy of cheap money may again overheat the world economy …

Forex - Asia
Cheaper dollar, the yen has risen in price against the euro to 9-month high
Indices in the U.S. fell on Thursday on the banks shares, futures rise on Friday
European stocks fell on Thursday on 1,6-1,8%, cheaper stocks of commodity companies
By noon, the RTS index fell below 1500 points, the further the dynamics of trading on the market of Russia will be determined by the situation on the raw areas
Recommendations on the shares of Gazprom, Transneft, VTB, futures on oil and natural gas