Shares decline on the Eurozone's woes

© Scanpix/Reuters

Share prices across the globe are falling as the situation in Europe remains uncertain. Asian shares were severely impacted as Japan's Nikkei index declined by 1.6%, South Korea's Kospi decreased by 2% and Hong Kong's Hang Seng dropped by 1.9%. Financial and tech stocks lost 2%. Investors' risk aversion remains high and affected financial markets overnight. Brent oil decreased by 4%.