2m 38s: Lenght

SHOTLIST Seoul, South Korea 1. Pan from computer screens to stock board 2. Close-up of computer screen with Kospi graph 3. Tilt-down of computer screen with Kospi, exchange rate and Kospi graph 4. Close-up of stock board 5. Mid of employees in office 6. Close-up of computer screen, stock board behind 7. SOUNDBITE: (Korean) Rommel Lee, Manager of Retail Research Department of Good morning Shinhan Securities: "It looks like it's falling down since the past fourth quarter. Overall market seems to be in a bad condition especially due to large decrease in imports and exports and also large increase in unemployment rate. It seems like there's high possibility that this will continue through this year of 2009." 8. Pan of stock board 9. Close-up of moving screen 10. Pan of stock board Tokyo, Japan 11. Various of screen showing figures for Tokyo stock market 12. Various of traders Hong Kong 13. Wide of Hong Kong Stock Exchange trading floor 14. Various of traders at desks 15. Close of electronic display showing Hang Seng Index a few minutes before market closing, down 621.09 points to 14,366.37 16. SOUNDBITE: (English) Francis Lun, General Manager, Fulbright Securities: "Everybody just took this chance to sell down, and to take profit, many people believe that the market will go down before it goes up again, so there's a lot of selling, especially of the finance stocks, the banks, and also, the telecoms." 17. Trader at desk on Hong Kong Stock Exchange trading floor STORYLINE Asian stock markets plunged on Thursday, with benchmarks in Tokyo and Hong Kong tumbling about four per cent, as more evidence of company woes and a weak US job market rekindled worries about the unfolding global slump. Every major market in Asian suffered declines, marking an end to a New Year's rally, after dour outlooks from Intel, Lenovo and Alcoa, among others. The Nikkei in Tokyo dropped 3.9 per cent to 8,876.42, ending a seven-day winning run as the yen traded higher. Hong Kong's Hang Seng Index fell 3.8 per cent to 14,415.91. Elsewhere, South Korea's Kospi shed 1.8 per cent, Australia's benchmark dropped 2.3 per cent and Taiwan's key index lost 5.3 per cent. India's market is closed for a holiday. It had plunged on Wednesday after Satyam Computer's chief admitted doctoring the firm's accounts. In Hong Kong, analysts said the sell-off came on the back of Wall Street's slide on Wednesday, and followed news of major investors unloading their stakes in Chinese banks. Bank of China shares tumbled on Thursday after Hong Kong billionaire Li Ka-shing's foundation sold more than 500 (m) million US dollars worth of shares in the lender, becoming the latest investor to cut its investment in China's banking sector. Bank of China, the mainland's Number Three lender, fell 8.4 per cent to 1.96 US dollars on the Hong Kong stock exchange. The sale came a day after Bank of America, looking to raise money to cope with the economic turmoil, sold a 2.5 per cent stake in China Construction Bank for about 2.8 (b) billion US dollars. Last month, Swiss bank, UBS AG, said it sold its stake in Bank of China in a deal estimated to be worth around 900 (m) million US dollars. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/9f6677971b72071b2c9a80b7a071ebaf Find out more about AP Archive: http://www.aparchive.com/HowWeWork