The jump in the yen piled further pressure on Japan's Nikkei which sank 3.4%. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8%, and would have been lower if not for holidays in many centres.
Investors are rushing to buy protection against banks' declining bond prices, amplifying growing concerns over the health of financial companies.
That's all from us until tomorrow, after another day dominated by wild swings in the markets and angst over the global economy.
Engie CEO G�rard Mestrallet, second from right. Rugeley is the latest coal plant to close blaming low power prices and higher carbon costs.
LONDON New data-sharing rules could be introduced in Britain from the end of this year to encourage innovation and competition in banking, an industry working group said on Tuesday.