Most Asia stock markets have fallen following two days of dramatic rises.

Shares in India, Australia and Hong Kong all fell. However, Japan's Nikkei index reversed early losses to end the day 1% higher.

Investors fear that government action to strengthen the financial system will not prevent a worldwide recession.

South-east Asian nations plus Japan, China and South Korea have agreed to set up a multi-billion dollar fund to buy banks' bad debt and support banks.