Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

Asian stocks are mixed after Wall Street snapped out of a spell of holiday season blues, with markets in Tokyo and China declining. Japan's finance minister rang in the New Year as Tokyo's market resumed trading after the long traditional holiday.

Global shares are trading mixed as Chinese benchmarks skidded and Tokyo stayed closed for the New Year’s holiday