Megabanks were also hammered, after Citigroup announced its massive writedown. Mitsubishi UFJ(MTU Quote - Cramer on MTU - Stock Picks) slid 4.7%, to 952 yen, and Sumitomo Mitsui Financial(SMFJY Quote - Cramer on SMFJY - Stock Picks) shed 2.4%, to 574 yen.
In India, the Bombay sensitive Index tracked Chinese declines, falling 382 points, or 1.9%, to 19,868, but held up the most in the region.


