SEOUL
South Korean shares fell as stock of companies with business in China were dragged lower on worries about higher rates and that new Chinese labor laws will make it more difficult next year on foreign companies operating there. The Korea Composite Stock Price Index, or Kospi, fell 1.1 percent to 1,895.1.
SINGAPORE
Singapore shares sank for the third straight session on the enduring worries over the US economy and as markets dropped throughout Asia. The Straits Times Index lost 0.4 percent to close at 3,466.4.
SYDNEY
Australian stocks fell on broad selling as traders fretted about how Wall Street might react to more news on the US subprime lending crisis.
The benchmark S&P/ASX 200 index dropped 1.6 percent to 6,491.7.
MUMBAI
Indian shares slipped on Friday, dragged down by profit taking in telecommunication firm Bharti Airtel and banking stocks.
The Bombay Stock Exchange's 30-share Sensex index fell 74 points, or 0.4 percent, to 20,031 points.
On the broader National Stock Exchange, the 50-company S&P Nifty index moved down 0.2 percent to 6,048 points.
Among the top losers on Friday was blue chip stock Bharti Airtel Ltd that fell 3.6 percent to 953 rupees.
Banking stocks also dropped with ICICI Bank Ltd down 2.9 percent at 1,207 rupees and HDFC Bank off 1.7 percent at 1,729 rupees.
Software firms slipped with Satyam Computer Services Ltd dropping 2.4 percent to 411 rupees and Wipro Ltd off 1 percent at 495 rupees.
WELLINGTON
New Zealand stocks rose slightly as worries over problems in global credit markets, high domestic interest rates and a strong local currency kept investors on the sidelines. The benchmark NZX-50 gained 0.2 percent to 4,008.7.
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