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Asia Stocks Higher as US Earnings, China Data Eyed

 Phil Amato     Created: 10/19/2009 6:41:47 AM    Updated: 10/19/2009 6:42:38 AM
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HONG KONG (AP) -- Asian stock markets are mostly higher today as investors look to earnings from major U.S. companies and data from China to assess the strength of recovery in two major economies.

Most of the region's markets recouped falls from early in the day.

U.S. company results will once again be in focus this week, with consumer companies like Apple, McDonald's and appliance maker Whirlpool Corp. due to release third-quarter earnings.

Investors will also being eyeing clues about China's economic performance last quarter, including figures on manufacturing, retail sales, investment and GDP growth.

Only stock markets in Japan, Australia and Singapore lost ground.

U.S. futures point to a lower start on Wall Street today.

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