Asian shares fall as Japan, China miss estimates

Japanese economy still suffering deflation.

1st April, 2013
In Japan the Topix declined 3.3 per cent.

Asian shares fell, with Japan’s Topix Index falling the most since March 2011, after a survey of sentiment among the country’s largest manufacturers missed estimates and an official gauge of China’s factory output expanded at a slower-than-expected pace.

Mazda, the Japanese automaker with the highest proportion of exports, lost 4.3 per cent as the yen strengthened against all its major peers. Nomura Holdings slid 4.3 per cent after Japan’s No....

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