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Asian stocks fell, with the regional benchmark index heading for its first monthly decline since May, as investors await a speech by U.S. Federal Reserve Chairman Ben S. Bernanke and as reports showed lower industrial output in South Korea and Japan amid slowing economic growth.
Nikkei 225 8,839.91 -143.87 -1.60%
S&P/ASX 200 4,316.11 +0.44 +0.01%
Shanghai Composite 2,047.52 -5.06 -0.25%
Sharp Corp. sank 13 percent as Taiwan’s Foxconn Technology Group founder Terry Gou ended a visit to Japan without announcing the conclusion of a deal to invest in the Japanese electronics maker.
China Shipping Container Lines Co. slid 7 percent after brokerages including Jefferies Group Inc. downgraded ratings and price targets for the nation’s second- largest shipping company.Samsung Electronics Co. climbed 1.5 percent, reversing losses, as a Tokyo court ruled the mobile- phone maker didn’t infringe Apple Inc.’s patents.
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