• Asia Pacific stocks close:

Market news

10 July 2012

Asia Pacific stocks close:

Asian stocks fell a fourth day after China’s trade data signaled the world’s second-biggest economy is slowing. Shares rose earlier after euro-region finance chiefs made progress on finalizing Spain’s bailout.

Nikkei 225 8,857.73    -39.15 -0.44%

S&P/ASX 200 4,098.02 -20.25 -0.49%

Shanghai Composite 2,164.44 -6.38 -0.29%

BHP Billiton Ltd., the world’s largest miner, reversed gains after imports to China grew at about half the pace expected by economists.

China Yurun Food Group Ltd. tumbled 4.7 percent after its chairman resigned.

Nikon Corp. slumped 7 percent in Tokyo after Intel Corp. said it will invest in a rival of the Japanese manufacturer of chip-making equipment.

Cosco Pacific Ltd., which operates a port in Greece, rose 2.3 percent after Europe agreed to speed loans to Spanish banks.

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