Asian ADRs fall 0.5 pct, China plays ease

HONG KONG, May 16 (Reuters) Asian stocks listed on Wall Street <.bkas> fell 0.52 percent, extending their decline for a second straight session, as some China plays retreated after a stellar performance recently.

Yanzhou Coal fell 6.56 percent and China Eastern Airlines shed 3.38 percent following a sharp decline in the mainland market on fears that Beijing will act to cool record-setting stocks.

MSCI's measure of Asia Pacific stocks excluding Japan <.msciapj> slipped 0.77 percent on Tuesday, a day after reaching an all-time high.

On Wall Street, the blue-chip Dow <.dji> rose to a record closing high after signs of easing inflation pressures raised the prospect of interest rate cuts.

-- HEADLINES: >Dow at record on stable inflation; Nasdaq down [.N] >U.S. consumer prices up less than expected [nN15389556] >Euro zone Q1 GDP growth slips but outstrips U.S. [nL15522515] >Thomson, Reuters to forge global info leader [nL15300215] >Applied Materials sounds cautious note, shares fal[nN15447342] >Motorola shows new phones, media partnerships [nN15424455] >Xstrata trumps Norilsk with C.2 bln LionOre bid [nL15304975] >Macquarie beats profit forecasts; to raise funds [nNSYD970] >Daiichi Sankyo, Astellas, Eisai see earnings growth [nT286891] >Dollar drops vs euro after U.S. CPI and flows data [USD/] >Oil rises after further cut in Nigerian supply [O/R] >ADR Report-ADRs jump as global mergers keep pace [ADR/] -- KEY INDEXES pct change Bank of New York Asia ADR index <.bkas> -0.52 Dow Jones Industrial Average <.dji> +0.28 Nasdaq Composite Index <.ixic> -0.83 MSCI Asia Pacific ex-Japan <.miapj0000pus> -0.77 Nikkei futures in Chicago 17,535.00 Nikkei futures in Osaka 17,550.00 -- ASIAN ADR ACTION: 5 most actively traded: price change/pct TSMC +0.49 UMC +0.61 ICICI Bank +1.78 BHP Billiton +0.37 Siliconware -0.20 -- Top 5 performers: price change/pct Genetic Tech +13.83 Guangshen Railway +4.27 Lihir Gold +3.95 PT Indosat +3.90 Prana Biotech +3.45 -- Bottom 5 performers: price change/pct Yanzhou Coal -6.56 Metal Storm -4.57 NEC Corp. -3.47 China Eastern -3.38 PCCW Ltd. -2.84 -- TOP ASIA EVENTS: For more Asian company earnings, see [ASIA/EQTY] JAPAN - Earnings: Hitachi , Sony Corp. - BOJ starts two-day policy-setting meeting - Revised industrial output for March S.KOREA - April unemployment rate, 1:30 p.m. (0430 GMT) HONG KONG - Results from Tencent Holdings Ltd AUSTRALIA - Westpac consumer sentiment May 0030 GMT - Wage price index Q1 0130 GMT (1130 am) - CSR 2006 full-year results TAIWAN - Fitch Ratings Global Structured Credit Conference -- REUTERS SRS VP0610