Asian stock markets mixed as South Korea’s Kospi falls 4.6% in morning trade

Things are going worst in South Korea, where the Kospi is down 4.6 percent.

In Tokyo, the Nikkei 225 is down 1.7 percent while the Topix is down 0.4 percent.

The Hang Seng in Hong Kong is also falling, down 1.8 percent

The Shanghai stock exchange, on the other hand, is modestly higher, up 0.4 percent. China's Shenzhen is up 0.7 percent.