Asian stocks at lowest in 2 years, euro near par with dollar

FILE PHOTO: Pedestrians stand in front of an electronic quotation board displaying the numbers of the World's stock market, including share prices of the Tokyo Stock Exchange, in Tokyo on June 14, 2022. (AFP)

HONG KONG: Asian shares fell on Tuesday, weighed down by the prospect of further monetary policy tightening by central banks, China's renewed Covid outbreak and Europe’s energy shortage, which also left the euro a whisker from parity with the safe haven dollar.

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8% to its lowest level in two years, while Japan's Nikkei lost 1.75%.