Emerging-market
stocks slid to a 10-month low, led by Chinese and Thai companies,
after the World Bank cut its global growth forecast and investors
weighed prospects for monetary stimulus. China's stocks fell after
a three-day holiday, dragging the benchmark index to a six-month
low, as government reports showed industrial production and exports
trailed economists' estimates.
Nikkei 225 12,445.38 -843.94 -6.35%
Hang Seng 20,811.94 -542.72 -2.54%
S&P/ASX 200 4,695.8 -28.65 -0.61%
Shanghai Composite 2,148.36 -62.54 -2.83%
PetroChina Co. and China Construction Bank Corp. paced declines on the Hang Seng China Enterprises Index, which was poised to enter a bear market Advanced Info Service Pcl, Thailand's biggest mobile-phone operator, sank 5 percent.
Samsung Electronics Co. Ltd dropped for a sixth day in Seoul.