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Asian stocks fell as a survey showed China’s manufacturing may shrink for a seventh month and European leaders meeting in Brussels clashed over how to fight the region’s debt crisis.
Nikkei 225 8,563.38 +6.78 +0.08%
S&P/ASX 200 4,055.8 -11.23 -0.28%
Shanghai Composite 2,351.16 -12.27 -0.52%
Nintendo Co., a maker of video-game players that depends on Europe for a third of its sales, fell 4 percent in Tokyo.
Citic Pacific Ltd., a Hong Kong-based steelmaker with operations in iron-ore mining and property development in China, slid 2.1 percent on concern China needs to do more to support growth.
Hanwha Corp., a trader of petrochemicals and machinery, rose 4 percent in Seoul after its construction unit won an $8 billion deal to build housing units in Iraq.
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