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Asian stocks fell, paring a weekly gain in the benchmark regional index, amid speculation China will keep property curbs in place and as U.S. economic reports missed estimates.
Nikkei 225 8,669.87 -125.68 -1.43%
S&P/ASX 200 4,199.1 -7.59 -0.18%
Shanghai Composite 2,165.01 -19.83 -0.91%
Toyota Motor Corp., Asia’s top carmaker by market value, fell 1.7 percent in Tokyo.
Shimao Property Holdings Ltd., a developer that makes all its revenue from China, slumped 2.1 percent in Hong Kong after Xinhua News Agency said the government won’t relax property control policies.
Taiwan Semiconductor Manufacturing Co., a contract manufacturer of chips, declined 1.3 percent in Taipei after saying revenue will “dip” in the fourth quarter because of a weak global economy.
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