Asian stocks fell, with the regional benchmark index heading for its first decline in in seven days as a deepening economic slump in Europe outweighed expectations the region’s central bank will ease rates today.

Nikkei 225 9,079.8 -24.37  -0.27%

S&P/ASX 200 4,169.19 -2.96 -0.07%

Shanghai Composite 2,201.35 -25.96 -1.17%

Nippon Sheet Glass Co. , which counts Europe as its biggest market, fell 1.2 percent in Tokyo.

Aquarius Platinum Ltd. tumbled 8.2 percent in Sydney after the world’s fourth-largest producer of the precious metal said output will fall.

Li Ning Co. surged 7.3 percent after founder and Olympic gold medalist Li Ning stepped in as chief executive officer and TPG Capital pledged to boost investment in the sportswear retailer if needed.