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Asian stocks fell, with the regional benchmark index on course to drop for a fourth day, amid concern over the Federal Reserve’s plan to cut stimulus and as profit growth at China’s industrial companies slowed.
Nikkei 225 14,980.16 -25.57 -0.17%
Hang Seng 21,965.03 -11.07 -0.05%
S&P/ASX 200 5,175.11 -65.82 -1.26%
Shanghai Composite 2,038.51 +5.21 +0.26%
BHP Billiton Ltd., the world’s biggest mining company that counts China as its No. 1 market, fell 2 percent to be the biggest drag on the index as Australian markets opened after a holiday.
LG Display Co. lost 3.3 percent in Seoul after customer Apple Inc. forecast sales that trailed analyst estimates.
Komatsu Ltd., the world’s second-largest maker of construction equipment, gained 1 percent in Tokyo after bigger rival Caterpillar Inc. projected earnings that topped expectations.
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