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Asian stocks fell, with the regional benchmark index poised for the first drop in four days, as concern grew Europe will fail to contain its debt crisis and as investors wait to see if the Federal Reserve will boost economic stimulus.
Nikkei 225 8,807.38 -61.99 -0.70%
S&P/ASX 200 4,325.8 -7.97 -0.18%
Shanghai Composite 2,120.55 -14.34 -0.67%
Cosco Pacific Ltd., which gets 31 percent of its sales in Europe, lost 0.6 percent in Hong Kong.
Guangzhou Automobile Group Co. paced declines among automakers in Hong Kong after China’s car sales trailed analysts’ estimates in August for a second month.
Electronics maker Panasonic Corp. dropped 1.7 percent after Moody’s Investors Service cut its credit ratings.
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