Asian stocks fall

Asian markets fell for a second straight day on Tuesday as dealers further sold off stocks on worries over the global economy, despite data pointing to a pick-up in manufacturing in the US.
Hong Kong dipped 1.76 percent and Sydney 0.20 percent, while Seoul was 0.59 percent off. Tokyo was closed for a public holiday.
HONG KONG: Down 1.76 percent. The Hang Seng Index fell 380.13 points to 21,240.06.
SYDNEY: Down 0.20 percent. The S&P/ASX 200 dropped 8.9 points to 4,531.5.
SHANGHAI: Up 1.22 percent. The Shanghai Composite Index, which covers both A and B shares, rose 37.58 points to 3,114.23.
SEOUL: Down 0.59 percent. The KOSPI fell 9.17 points to 1,549.92.
TAIPEI: Down 0.17 percent. The index dropped 12.25 points to 7,322.93.
Taiwan Semiconductor Manufacturing Co finished 1.0 percent lower at 59.2 while rival United Microelectronics Corp lost 1.88 percent to 15.65.
SINGAPORE: Down 0.90 percent. The Straits Times Index fell 23.88 points to 2,621.55.
BANGKOK: Down 1.29 percent. The Stock Exchange of Thailand lost 8.74 points to close at 668.48.
KUALA LUMPUR: Flat. The Kuala Lumpur Composite Index edged up 0.56 points, or 0.05 percent, to 1,242.32.
Leading bank CIMB added 0.30 percent to 12.56 ringgit and AMMB was up 0.90 percent to 4.68, while gaming group Genting lost 1.40 percent to 7.05.
JAKARTA: Down 1.58 percent. The Jakarta Composite Index lost 37.53 points to 2,334.10.
WELLINGTON: Down 0.78 percent. The NZX-50 lost 24.75 points to 3,158.99.
Brokers said the Melbourne Cup kept investors out of the market in the afternoon, while the Australian rate decision also played a dampening role.
New Zealand Refining Co. fell nine cents to 5.11 dollars and infrastructure investor Infratil shares fell six cents to 1.59 dollars.
Fletcher Building fell one cent to 8.11 dollars, Contact Energy fell eight cents to 6.10 and Telecom dropped three cents to 2.50.
MUMBAI: Down 3.09 percent. The 30-share Sensex index fell 491.34 points to 15,404.94, a two-month-low and a sixth day of losses.