Asian stocks slid and the euro struggled near a two-week low on Wednesday as investors unwound risky positions before the quarter-end amid heightened concerns over banks’ funding conditions in Europe.

Asian stocks, which have slipped nearly 10 percent in the past three months, are on course for their worst quarterly performance since the end of 2008, when global investors fled to safety after the collapse of Lehman Brothers.

The MSCI index of Asia Pacific shares outside Japan dropped 1 percent. Japan’s Nikkei average fell 1.8 percent to a seven-month low after breaking below a key support level. source: reuters.com/article/