Shares in the Asia-Pacific region were mixed at the close of trade on Thursday.
The New Zealand sharemarket 50 index was down 64 points to 3112 .
Telecom was down 14c to $3.37, while Fletcher Building slid 30c to $6.43. Hallenstein Glasson fell 9c to $2.60 and Freightways was down 3c to $2.99.
The Australian market fell more than 1%, following sharp losses on Wall Street.
At 1615 AEST, the benchmark S&P/ASX200 index had lost 74.5 points, or 1.49%, to 4,937.4, while the broader All Ordinaries was down 68.9 points, or 1.35%, to 5,020.5.
The September share price index futures contract fell 65 points to 4,929 on a total volume of 21,348 contracts.
In Japan, share prices closed 0.12% higher, but worries over US corporate earnings lingered, dealers said.
The Tokyo Stock Exchange's benchmark Nikkei-225 index edged up 15.08 points to 13,067.21.
The broader Topix index of all first-section shares rose 5.23 points or 0.41% to end at 1,290.76.
Hong Kong share prices closed flat after a topsy-turvy session that saw the benchmark index swing in and out of positive territory, dealers said. The Hang Seng Index closed up 15.97 points, or 0.07%, at 21,821.78.