Tue, 04 Sep 2012 08:30:26 GMT
Asian stocks fall on Moody's EU outlook downgrade
Asian stocks declined as Moody's Investors Service cut its outlook for the European Union before the European leaders' meetings. The MSCI Asia Pacific Index lost 0.4% to 117.31. Japan's Nikkei 225 Stock Average slid 0.4% and South Korea's Kospi Index fell 0.2%. Australia's S&P/ASX 200 declined 0.6%, while New Zealand's NZX 50 Index climbed 0.2%. Hong Kong's Hang Seng Index