Asian stocks fall as Japan's economy contracts

Source: Bloomberg
© Scanpix/AP
Asian stocks declined, with the regional benchmark index set for the lowest close in a month, after Japan's economy contracted. The MSCI Asia Pacific Index fell 0.2% to 121.06. Japan's Nikkei 225 Stock Average declined 0.7%, as data showed GDP contracted an annualized 3.5% in Q3. Australia's S&P/ASX 200 Index slipped 0.1%, South Korea's Kospi Index slid 0.3% and Taiwan's Taiex Index lost 0.2%.

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