Japan shares fell into correction territory Friday, pressured by global market volatility, but stocks in Indonesia jumped ahead of the inauguration of President-elect Joko Widodo.</br></br>Japan's Nikkei Stock Average, Asia's biggest victim of fears about a global slowdown given the country's heavy reliance on global trade, fell 1.4% to 14,532.51. The index is now down more than 10% from its recent peak at the end of September--a move described by analysts as a correction.</br></br>The last time the Nikkei had such a fall was May last year, when worries about the U.S. Federal Reserve tapering its economic stimulus program roiled markets globally.</br></br>Financial markets have been struck by volatility over the past week and a half, amid concerns about a stagnating European economy, questions about the strength of the U.S. economy and again, worries about the prospect of higher U.S. interest rates.</br></br>There are signs that the selloff in Asia is cooling, however.