* Asia stocks drop 1 pct, hold up after Wall St slide
* More profit-taking in risky assets expected before year-end
* Aussie and higher-yielding FX bounce back from early drop
* VIX spike spooks, but Nikkei implied vol rise limited
* Asia stocks drop 1 pct, hold up after Wall St slide
* More profit-taking in risky assets expected before year-end
* Aussie and higher-yielding FX bounce back from early drop
* VIX spike spooks, but Nikkei implied vol rise limited