Asia Markets 5/26/2008 (SNE)(TM)(CHL)(PTR)

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Markets in Asia were off sharply

The Nikkei fell 2.3% to 13,690;. Sony (NYSE:SNE) fell 2.6% to 2910 yen. Toyota (NYE:TM) fell 2.5% to 5010. Yahoo Japan rose 4.6% to 45850.

The Hang Seng sold off 2.1% to 24,196. China Mobile (NYSE:CHL) fell 8% to 115.80 yuan. PetroChina (NYSE:PTR) dropped 2.7% to 10.66.

The Shanghai Composite fell 3.1% to 3,385.

Data from Reuters

Douglas A. McIntyre