Asian stocks headed for their longest losing streak since November as a stronger yen weakened the profit outlook for Japanese exporters and China signaled it will tolerate slower growth.

Nikkei 225 14,142.65 -469.80 -3.22%

S&P/ASX 200 4,959.9 -23.60 -0.47%

Shanghai Composite 2,292.36 +3.82 +0.17%

Nissan Motor Co., Asia's third-largest carmaker, slid 6.8 percent in Tokyo as the yen gained against the dollar.

David Jones Ltd. lost 0.8 percent as sales at Australia's second-biggest department-store operator missed analyst estimates.

361 Degrees International Ltd. sank 9.1 percent in Hong Kong after the sportswear manufacturer projected a profit drop.