Economics
Asian Stocks Fall on Economic Growth Concern; Aquarius Tumbles
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Asian stocks fell, dragging down a benchmark MSCI Inc. index by the most in more than two weeks, on concern global economic growth is faltering.
James Hardie Industries SE, the biggest seller of home siding in the U.S., slumped 1.9 percent in Sydney on concern demand for its products will fall. Li & Fung Ltd., a supplier to Wal-Mart Stores Inc., dropped 2.6 percent in Hong Kong. BHP Billiton Ltd. lost 1.1 percent in Sydney following declines in metal prices last week. Aquarius Platinum Ltd. tumbled 25 percent on concern new directives from South Africa’s mines inspector will hurt earnings.