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Shares were lower in Asia on Friday after a late-afternoon sell-off wiped out gains for stocks on Wall Street.
Tokyo fell 0.9 percent after Toyota Motor Corp announced production cuts due to parts shortages. Other major regional markets also fell.
Investors are bracing for higher interest rates and stocks posted weekly losses in what has so far been a losing month.
Surging COVID-19 cases have added to jitters over supply chain problems that are disrupting manufacturing.
The TAIEX on Friday fell 1.75 percent to 17,899.30 points, bringing its weekly decline to 2.74 percent.
Toyota, Japan’s top automaker, said it would suspend production at 11