Asian stocks declined, with the region’s benchmark index heading for its steepest loss since June, as concern that the global economic recovery is faltering spurred investors to sell riskier assets.

Nikkei 225 15,005.73 -385.83 -2.51%

S&P/ASX 200 5,240.93 -22.06 -0.42%

Shanghai Composite 2,032.95 -21.44 -1.04%

Sony Corp.  fell 3 percent in Tokyo, pacing losses among Japanese exporters.

Tata Motors Ltd., India’s largest automaker by revenue, tumbled 4.7 percent in Mumbai after Managing Director Karl Slym died in Bangkok.

GCL-Poly Energy Holdings Ltd., the world’s largest maker of polysilicon, declined 4.4 percent in Hong Kong after China set a lower-than-expected target for installed solar-energy capacity this year.