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Asian stocks fell, with the regional benchmark index headed for its biggest monthly drop since the 2008 financial crisis, as China damped optimism for large-scale stimulus, adding to global growth concerns after Spain’s credit rating was downgraded.
Nikkei 225 8,633.19 -23.89 -0.28%
S&P/ASX 200 4,094.2 -20.21 -0.49%
Shanghai Composite 2,381.26 -8.37 -0.35%
Samsung Electronics Co., an exporter of consumer electronics that gets 47 percent of its sales in Europe and China, lost 1 percent in Seoul.
Industrial & Commercial Bank of China Ltd. slid 2.1 percent.
Renesas Electronics Corp., the world’s biggest maker of microcontrollers for cars, surged 27 percent in Tokyo after short-selling of its shares was restricted.
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