Asian shares slide as soft China surveys, US data sap risk appetite

November 2, 2015 6:58 AM

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Asian shares slide as soft China surveys, US data sap risk appetite

TOKYO Asian stocks slid to their lowest level in nearly three weeks on Monday, as profit taking set in after soft Chinese factory surveys and U.S. consumer spending data raised concerns over the global economic outlook.

MSCI's broadest index of Asia-Pacific shares outside Japan fell as much as 0.7 percent, hitting its lowest level since Oct 14. Tokyo's Nikkei retreated 2.1 percent.

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