South Korea's Kospi fell 0.4 percent to 1,925.59. Australia's S&P/ASX 200 dropped 0.1 percent to 4,483.40. Mainland China's Shanghai Composite Index lost 0.3 percent to 2,098.70 and the smaller Shenzhen Composite Index lost 0.7 percent at 859.47. Benchmarks in Singapore, Indonesia and the Philippines rose.Concerns about global economic growth â¿¿ especially the direction of China's economy â¿¿ hurt Australian mining shares since Australia is a major exporter of iron ore and other minerals to China. Newcrest Mining fell 2.1 percent and Fortescue Metals Group tumbled 3.4 percent.
Asia Stocks Fall As China Easing Hopes Dim
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts