TOKYO

Japan's Nikkei average fell more than 2 per cent on Monday, with exporters such as Tokyo Electron hurt by a stronger yen, surprisingly weak earnings from General Electric Co and further evidence that the US is in recession.

As of 8am Singapore time, the benchmark Nikkei average shed 335.24 points to 12,988.49 after opening 1.4 per cent lower.

The broader Topix index as down 2.8 per cent to 1,242.72. -- REUTERS