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Asian stocks fell, with the regional benchmark index poised to snap a two-day gain, as the U.S. vows to hold Syria’s government liable for deadly chemical weapons attacks on its people, damping investors’ risk appetite.
Nikkei 225 13,542.37 -93.91 -0.69%
Hang Seng 21,927.89 -77.43 -0.35%
S&P/ASX 200 5,141.22 +5.81 +0.11%
Shanghai Composite 2,103.57 +7.09 +0.34%
Billabong International Ltd., an Australian surfwear company, slumped 5.3 percent after it posted a loss more than three times its market value and said its core brand was worthless.
ENN Energy Holdings Ltd., an operator of gas pipelines, slumped 5.8 percent in Hong Kong after its first-half net income missed estimates.
Tokyo Electric Power Co. jumped 12 percent after the government said it would take over the handling of radioactive water spills at the Fukushima Dai-Ichi nuclear plant.
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