Tuesday, 21 January 2014

Stocks fall as China's growth slows, Japanese industrial production declines

Asian stocks fell on Monday with the MSCI Asia Pacific Index falling 0.2 percent.

Chinese stocks were among the biggest losers in the region, with the Shanghai Composite Index falling 0.7 percent following news that China's economy slowed in the fourth quarter.

Japanese stocks also fell on Monday, the Topix falling 0.3 percent. Final data on Japan's industrial production showed that output fell 0.1 percent in November instead of a 0.1 percent increase initially estimated.

European stocks were little changed on Monday, with the STOXX Europe 600 Index slipping 0.1 percent.

US stock markets were closed on Monday for a holiday.

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