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Asian stocks fell after reports on China’s manufacturing and the U.S. economy missed estimates, and as Spain denied it is in talks about a bailout as its bond yields approach a level that prompted rescues in other nations.
Nikkei 225 8,440.25 -102.48 -1.20%
S&P/ASX 200 4,063.9 -12.36 -0.30%
Shanghai Composite 2,374.37 +2.14 +0.09%
Sony Corp., a Japanese exporter of consumer electronics that gets 37 percent of its sales in the U.S. and Europe, fell 2.6 percent in Tokyo.
Industrial & Commercial Bank of China Ltd., the world’s biggest lender by market value, declined 0.9 percent in Hong Kong.
BHP Billiton Ltd., Australia’s No. 1 mining company and oil producer, lost 1.8 percent after metal and crude prices dropped.
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