Asian markets trading in the red

Most Asian markets are trading in the red on Monday morning.

The Nikkei is down 0.8% to 8,670 points, while the Hang Seng has lost 0.9% to 14,060 points. South Korea has lost the most, declining 2.66%, while Shanghai is down 1% as well.

Singapore's Straits Times index is up 0.6%.