Markets across Asia were trading lower as commodity prices tumbled battering metal and oil & gas related shares.
Crude made a steepest decline in more than two years sparking a sell-off in indices across the global. The Dow Jones Industrial Average fell 1.1%, the Nasdaq Composite lost 0.5% and the Standard & Poor's 500-stock index fell 0.9%.
In Asia, Hong Kong's Hang Seng fell 0.5% hit by resource shares; however airline shares were up, capping the losses. China's Shanghai Composite index also declined 0.5%.
Japan's Nikkei stock average had a ugly opening after a week long holiday, exporter shares weighed over rising Yen. South Korea's Kospi Composite dipped 1.9%, Singapore's Strait Times fell 0.04% and Taiwan's weighted index edged lower by 0.2%.
