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Asian stocks swung between gains and losses as slowing economic growth in Japan added to signs of a deepening global slump, and amid optimism the U.S. Federal Reserve will add new stimulus.
Nikkei 225 8,885.15 -6.29 -0.07%
S&P/ASX 200 4,283.3 +6.00 +0.14%
Shanghai Composite 2,141.32 -27.49 -1.27%
Nexon Co. sank 8.1 percent in Tokyo, sliding for a second day after the developer of online games cut its profit forecast.
BlueScope Steel Ltd. surged 35 percent in Sydney after agreeing to sell some of its operations to Nippon Steel Corp.
Honda Motor Co., a Japanese carmaker that depends on North America for almost half its revenue, climbed 0.7 percent after a report the Fed Bank of San Francisco’s president is in favor of taking measures to boost the economy.
Genting Singapore Plc slid 2.3 percent after the casino-resort operator’s sales missed estimates.
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