As oil prices fell at two dollars, resulting in gold because of fears of economic inflation.

The Asian markets have registered sharp declines during trading Wednesday, Hui, the Nikkei index in Japan by about six percent.

The decline came after the recent declines recorded by the indicators of U.S. stocks, along with the yen’s rise.

These declines have led to fears of weak earnings prospects for business in general.

The Hang Seng Index in Hong Kong Stock Exchange, down about 5.2 percentage points.

The stock market index fell by 7.4 South Korean percent after a strong wave of selling shares to foreign investors.

Trading was suspended in the Seoul Stock Exchange for a short period before because of the declines.