Asian stocks fell sharply on Thursday, tracking an overnight rout on Wall Street as weak earnings from major technology companies drove outsized losses in the sector.
Oil prices eased on Thursday as concerns over weak demand in China, the world's largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous session after draws in U.S. inventories.
The yen rose to its strongest level against the dollar in 2-1/2 months on Thursday and scaled multi-month highs against other currencies ahead of next week's Bank of Japan (BOJ) meeting, as yen carry trades unwound and risk appetite soured.
Oil prices fell in Asian trade on Tuesday, reaching their weakest levels since mid-June as expectations of a supply surplus and uncertainty over demand continued to chip away at sentiment.
Most Asian stocks rose on Tuesday as heavyweight technology stocks rebounded from a recent rout, although Chinese markets lagged as sentiment towards the country showed little improvement.
The Australian and New Zealand dollars languished near multi-week lows on Tuesday after China's move to cut several key interest rates, while the dollar was little changed as it awaited fresh impetus.