Markets in Asia sold off sharply.
The Nikkei fell 4.3% to 10,473. Mitsubishi UFJ Financial fell over 9%. Other financial stocks fell sharply as did big exporter Canon.
The Hang Seng sold down 4.4% to 16,901. China Construction Bank fell over 6%. PetroChina (PTR) fell almost 5%. Lenovo was off over 6%.
The Shanghai Composite was off 5.2% to 2,174.
Data from Reuters
Douglas A. McIntyre