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Asia shares off to cautious start, US crude slides

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Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while U.S.

crude prices took an early spill. Japan reported its exports fell almost 12% in March from a year earlier, with shipments to the U.S.

down over 16%. Early readings on April manufacturing globally are due on Thursday and are expected to show recession-like readings.

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2% in slow early trade, with a pause needed after five straight weeks of gains.

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