Asian shares tumbled on Wednesday and the safe-haven yen rallied as Chinese stocks remained in a tailspin, shaking investors already rattled by Greece's debt crisis.
The drop in China extended a savage correction that has clipped 30 percent off Chinese shares since mid-June, threatening a new blow to the country's already slowing economy despite a slew of market support steps from Beijing.
MSCI's broadest index of Asia-Pacific shares outside Japan extended its early losses after Chinese shares opened sharply lower, and was last down 2.5 percent.
Japan's Nikkei stock index fell 1.5 percent, roiled by both China's dent to regional sentiment and the stronger Japanese currency.
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The drop in China extended a savage correction that has clipped 30 percent off Chinese shares since mid-June, threatening a new blow to the country's already slowing economy despite a slew of market support steps from Beijing.
MSCI's broadest index of Asia-Pacific shares outside Japan extended its early losses after Chinese shares opened sharply lower, and was last down 2.5 percent.
Japan's Nikkei stock index fell 1.5 percent, roiled by both China's dent to regional sentiment and the stronger Japanese currency.
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