Hong Kong  - Hong Kong stocks plunged 3.16 per cent Tuesday on renewed concerns over the US economy.

The Hang Seng index closed 692 points lower to end trading at 22,120 points, its lowest level in 15 weeks. Turnover was 63.25 billion Hong Kong dollars (8.7 billion US dollars).

The fall wiped out gains from Monday's rally when the index rose more than 2 per cent on talks of market-boosting measures in China.

However, analysts said investors took fright and dumped blue chips following overnight losses on Wall Street and when the measures failed to materialise.

Losses were across the board with heavyweights HSBC and China Mobile leading the way, losing 2.4 per cent and 2.75 per cent respectively.

Madrid - Shares of the Spanish low-cost carrier Vueling rose by 21 per cent to 6.65 euros (10.46 dollars) Tuesday after its merger with Clickair was confirmed late Monday.

Madrid - Shares of the Spanish low-cost carrier Vueling rose by 21 per cent to 6.65 euros (10.46 dollars) Tuesday after its merger with Clickair was confirmed late Monday.

Seoul - Shares nosedived Tuesday on the Seoul stock exchange on worries over a global credit crunch and fear of monetary tightening. 

New Delhi - India's benchmark Sensex shed more than 450 points, a loss of 3.48 per cent on Tuesday on heavy selling by funds and investors in blue-chip stocks.

Tokyo - Tokyo stocks ended morning trading lower Tuesday following the US market's overnight falls.

The Nikkei 225 Stock Average lost 238.18 points, or 1.78 per cent, to 13,121.86.