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Asian stocks took a pounding. The Japanese Nikkei fell 2% and shares in Toyota Motor Corp (NYSE: TM) dropped 4.2%.

Hong Kong's Hang Seng dropped 3.2%. Shares of China Petroleum (NYSE: SNP) fell 8.1%.

The Shanghai Composite was off 4.9%.

Douglas A. McIntyre is an editor at 247wallst.com.

Flash: Asian stocks fall sharply, Shanghai off almost 5% originally appeared on BloggingStocks on Thu, 08 Nov 2007 04:11:00 EST. Please see our terms for use of feeds.

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