Asian markets lower, following NY

Asian markets are down less than 1% each. Major news stories are the sell off in NY stock markets, a proxy fight to take over China Eastern Airlines & the NH primary elections. China computer maker, Lenova, is down over 10% on concerns of a slowdown in the US market. Australia banks said they do not expect to be hurt badly by the US sub prime mess or a possible failure of Countrywide (CFC). Gold is at a new record, 888.