Thongchai Jaidee's side were whitewashed 5-0 in Thursday's fourballs and trailed 7-3 going into yesterday's 10 singles matches, leaving Europe needing just three-and-a-half points for victory. But Jaidee kickstarted a stunning fightback by beating Ryder Cup hero Graeme McDowell 3&2 and after five further wins for Asia, the contest came down to the match between Fernandez-Castano and Japan's Hideto Tanihara.
Fernandez-Castano eagled the par-5 16th to get back on level terms before Tanihara saved par from a greenside bunker on the 17th to set up a nerve-wracking finish on the last. Neither player was able to find a decisive birdie and after Fernandez-Castano held his nerve to hole out for par, he conceded Tanihara's shorter putt to ensure a tie.
The Spaniard said: "I had the feeling it could be down to me. I knew the Asian team would come out fighting and that's exactly what they did. I think a tie is a fair result considering what a great comeback they had.
"I'm happy with the way I performed under pressure. This is the most nervous I have ever been. This is going to be the next big thing and I am really proud to be a part of the first edition of the EurAsia Cup."
Europe captain Miguel Angel Jimenez added: "I feel proud of my team, they've had a very intense week. We are not used to these conditions like the Asian team and they played very well today. To have a 10-10 result for the first EurAsia Cup is a very nice result. No-one wins, but at the same time golf wins."
A miserable day for Stephen Gallacher was summed up when he lost his ball with a wild tee shot on the 15th to seal a heavy defeat to Siddikur Rahman, putting Asia ahead for the first time all week.
Jaidee said: "I'm very happy with how we came back and shared the trophy. My team played so well today. Before the final round I told my boys to stay positive, play your own game and just enjoy."
It was announced that the next two editions of the EurAsia Cup in 2016 and 2018 would also be staged in Malaysia.