Japan’s Nikkei 225 fell 1.1%, while the Topix was down 0.67%. South Korea’s Kospi also fell about 1%.
The Australian S & P / ASX 200 lost 0.3%.
The MSCI’s largest Asia-Pacific stock index outside of Japan plunged 0.24%. Stocks in the region and the world have seen turbulent trading since last week amid fears surrounding the new variant of the omicron.
At the same time, ailing Chinese real estate developer Evergrande will be removed from the China Enterprises index.
Evergrande, embroiled in debt problems, warned in a document filed with the Hong Kong Stock Exchange on Friday that he had received a demand for repayment of around $ 260 million.
“In the event that the Group is not able to meet its guarantee obligations or certain other financial obligations, this could lead the creditors to demand an acceleration of the repayment”, he declared.
The US dollar index, which tracks the greenback against a basket of its peers, was at 96.205, continuing to rise from levels around 96.1 from the previous session.
The Japanese Yen was trading at 112.95 per dollar, little change from earlier. The Australian dollar was at $ 0.7012, up slightly from previous levels of around $ 0.69.
Oil prices jump
Brent futures rose 2.22% to $ 71.43 per barrel, while U.S. West Texas Intermediate crude rose 2.29% to $ 67.78 per barrel.