Asia Stocks Fall on U.S., China Economic Data, Spain Risk

Asian stocks fell after reports on China’s manufacturing and the U.S. economy missed estimates, and as Spain denied it is in talks about a bailout as its bond yields approach a level that prompted rescues in other nations.

Sony Corp., a Japanese exporter of consumer electronics that gets 37 percent of its sales in the U.S. and Europe, fell 3.5 percent in Tokyo. Agricultural Bank of China Ltd., the country’s third-biggest lender by market value, declined 1.3 percent in Hong Kong. BHP Billiton Ltd., Australia’s No. 1 mining company and oil producer, lost 0.8 percent in Sydney after metal and crude prices dropped.