Seoul - Shares plunged more than 3 per cent Tuesday on the Seoul stock exchange on heavy foreign selling as worries over a credit crunch in the US intensified. 

Taipei - Taiwan stocks slumped 4.5 per cent Tuesday to hit their lowest level in 52 weeks, weighed down by Wall Street's overnight fall and the local financial sector's exposure to troubled US mor

Indian stock markets ended negatively amid volatility.

Tokyo  -

New York - US stocks fell Monday, sending financial shares plummeting to their biggest drop in eight years, spurred by regional bank failures. 

On Monday, the Japanese government bond futures saw a fall, which led to its thinning further from a two month high. After the US government put forward the decision to support the mortgage lenders, the Tokyo shares rose and Treasuries fell.

The troubled mortgage giants Fannie Mae and Freddie Mac on Sunday were offered help by the U.S. Treasury and Federal Reserve when the latter two offered its emergency cash to the former two. The U.S. Treasury and Federal Reserve said that to build the investors confidence, they will buy shares in the companies.