Asian stocks outside Japan fell on concern the impasse over the U.S. debt limit may lead to a default and after the International Monetary Fund cut its global outlook. Japan’s Topix index capped the biggest gain in almost three weeks after the yen weakened.

Nikkei 225 14,037.84 +143.23 +1.03 %

Hang Seng 23,033.97 -144.88 -0.63 %

S&P/ASX 200 5,152.99 +3.54 +0.07 %

Shanghai Composite 2,198.2 +23.53 +1.08 %

Geely Automobile Holdings Ltd. fell 3.4 percent in Hong Kong after Goldman Sachs Group Inc. sold the carmaker’s shares at a discount, according to a term sheet obtained by Bloomberg.

WorleyParsons Ltd. lost 2.9 percent in Sydney after the mining-services provider said it expects 2014 fiscal first-half earnings to decline.

SoftBank Corp. slumped 5.7 percent after Citigroup Inc. cut the Japanese mobile carrier’s equity rating.

Toyota Motor Corp., Asia’s biggest auto manufacturer, gained 3 percent in Tokyo after falling as much as 0.7 percent.