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Asia Pacific stocks close
Asian stocks fell, with the regional benchmark gauge sliding for the first time in three days, as investors weighed the timing of a reduction in the Federal Reserve’s unprecedented stimulus.
Nikkei 225 15,515.06 -96.25 -0.62%
S&P/ASX 200 5,104.25 -39.30 -0.76%
Shanghai Composite 2,204.17 -33.33 -1.49%
OZ Minerals Ltd. slumped 14 percent, the most in almost five years, after the Australian copper miner forecast production will be lower than analyst estimates.
China Coal Energy Co., the nation’s No. 2 coal producer, dropped 4.1 percent in Hong Kong after the government said it plans to curb consumption of the fuel in some areas.
Gree Inc., a Japanese mobile-game operator, surged 2.3 percent after Goldman Sachs Group Inc. raised its outlook on the stock, citing bigger-than-expected cost cuts.
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