Nikkei down 1.87%
Hang Sen down 2.49%
All Ordinaries down 1.32%
Shanghai Composite up 1.54%
Straits Times down 1.76%
KOPSI Seoul Composite down 3.72%
NZSE New Zealand down 1.54%

The only way I can really see this skid slowing down is if the bargain hunters come out in force, but even then that would only be good for a nominal bounce.