Asian markets are down sharply this morning.The Nikkei has plunged 537 points to 16,277. The Hang Seng has slumped 828 points to 28,637.The Taiwan Weighted index has dropped 252 points to 9360. The Straits Times has slipped 80 points to 3668, and the Seoul Composite index has shed 67 points at 1903.The Shanghai Composite index has declined 50 points to 5768.