Economics

Japan, Australian Stock Futures Fall Amid China Concerns

Lock
This article is for subscribers only.

Japanese and Australian stock futures fell after a Chinese central bank adviser said growth in the world’s second-biggest economy may slow and Germany’s Vice Chancellor said he’s skeptical European leaders will be able to rescue debt-ridden Greece.

American Depositary Receipts of BHP Billiton Ltd., the world’s largest mining company, dropped 1.4 percent as investors sold shares of companies with profits closely tied to economic growth. ADRs of Canon Inc., a Japanese camera maker that gets 80 percent of its sales outside Japan, slid 1.2 percent. Those of Komatsu Ltd., which generates a quarter of its revenue in China and Europe, declined 0.5 percent.