Asian markets tumble; Indian markets closed on Thursday

Asian stocks tanked on Thursday morning after US markets declined on Wednesday on profit warnings. 

The Nikkei was down 3.25% to 8939 points, Hang Seng fell 3.66% to 14,439 and Taiwan lost 4.75% to 4562. Shanghai lost 2.5% to 1875 points.  

Indian markets are closed on Thursday on account of Moharram.