SEOUL
South Korean shares lost ground as foreign investors continued to sell stocks after another decline in US stocks. The Korea Composite Stock Price Index (KOSPI) lost 1.1 percent to close at 1,926.2 after briefly dipping below 1,900. The KOSPI lost 3.3 percent this week.
SINGAPORE
Singapore shares fell, following Wall Street's lead overnight on the continuing concerns over the US housing market. The Straits Times Index shed 1 percent to 3,441.
SYDNEY
Australian stocks succumbed to offshore worries on Friday, with the main benchmark closing near its lowest level for the week. The benchmark S&P/ASX 200 lost 1 percent to close at 6,461.9.
WELLINGTON
New Zealand stocks ended flat as investors took a cautious stance, concerned about volatile global markets and the US subprime crisis. The NZX-50 gained 1 point to 4,114.2 in moderate volume.
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