Sydney to Shanghai: Sell, sell, sell

Shell-shocked investors from Shanghai to Sydney counted the cost to their pensions and savings as Asian stock markets tumbled on fears that recession in the United States would rock the rest of the world.

Huang Yuyin, a Shanghai resident who has taken premature retirement and spends most of his time dabbling in shares, has lost 5,000 yuan in the past two days.

"I have no idea what to do next but wait and pray for a rebound," he said, helplessness written all over his face.