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Asia stocks fell sharply on Friday with investors spooked by a major fall on Wall Street and persistent worries about the health of the global economy. Hong Kong stocks were among the worst performers. The Hang Seng index sank below the psychologically important key 20-thousand point level for the first time in over a year. Big China firms such as China Mobile were among the worst performers. A gloomy outlook about the world economy is hitting shares around the globe with a U.S. report on jobs due out later on Friday. The data is expected to show an eighth consecutive month of decline. There are also worrying signs about the state of Japan's economy. the nation's capital spending unexpectedly dropped 6.5 percent in the second quarter prompting worries the economy contracted more than previously thought. Also in Japan -- woes for Sony. The electronics maker announced a recall of more than 400-hundred thousand portable computers due to possible overheating problems. Tara Joseph-Hui reporting for Reuters.