TOKYO, Japan (Reuters) -- Tokyo's Nikkei share average fell 1.35 percent on Thursday to its lowest close in more than two months as Honda Motor and others took a hit after a sharp sell-off in U.S. stocks.
Billions of dollars have been wiped from global share markets in the past day under fears of inflation and rate rises.
Earlier Thursday, the Nikkei had fallen by more than 2.4 percent, but a halt in the yen's rise drew bargain-hunting toward the close for stocks with good earnings prospects.
Other markets in the region were also off sharply, with South Korea's Kospi ending down 2.59 percent and Australia's S&P/ASX200 finishing 1.88 percent lower.
http://www.cnn.com/2006/BUSINESS/05/17/asiastox.thursday.reut/index.html
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