In Asian markets, The Nikkei Index tumbled -2,694 points or 4% to 64,141, the Shanghai Index plunged -3% to 3,764 and the Hang Seng Index de

In Asian markets, The Nikkei Index tumbled -2,694 points or 4% to 64,141, the Shanghai Index plunged -3% to 3,764 and the Hang Seng Index declined -446 points to 24,562. The South Korean Kospi tumbled over -7% to 1,080 on a further sell off in chip stocks. In Europe, the German DAX is down -183 points to 24,732, while the FTSE 100 is little changed at 10.569.