Asian stocks fall as reports escalate global growth concern

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Source: Bloomberg
Asian stocks dropped, as investors await the Fed Chairman Ben Bernanke's speech and as data indicated lower industrial production in Japan and South Korea amid global slowdown. The MSCI Asia Pacific Index fell 0.4% to 117.87. Japan's Nikkei 225 Stock Average slipped 1%, while South Korea's Kospi Index rose 0.1%. Hong Kong's Hang Seng Index dropped 0.3% and Australia's S&P/ASX 200 Index gained 0.1%.
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