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Asian stocks fell, with the regional benchmark index heading for a one-month low, on concern China’s economic slowdown and its territorial dispute with Japan are weighing on corporate earnings.
Nikkei 225 8,596.23 -173.36 -1.98%
S&P/ASX 200 4,490.7 -14.65 -0.33%
Shanghai Composite 2,117.46 +2.23 +0.11%
Toyota Motor Corp. slipped 2.3 percent, pacing declines among Japanese carmakers that reported a slump in China sales.
Steel & Tube Holdings Ltd. tumbled 8.3 percent in Wellington after iron-ore producer Arrium Ltd. sold its entire 50.3 percent stake in its New Zealand unit at a discount.Korea Electric Power Corp. sank 3.3 percent after Yonhap News agency said the utility’s chief executive officer forecast a loss.
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