Asian Stocks Mostly Fall After US Says Syria To Be Held Accountable

By Staff,

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Asian shares fell after the U.S. warned it would hold Syria accountable for its recent actions.

U.S. Secretary of State John Kerry said the president will hold Syria's government accountable for using chemical weapons.

Locally, Chinese stocks were supported by data data showing July profit at industrial companies gained 11.6% from a year earlier.

In ADR news, PetroChina ( PTR ) said three executives under investigation resigned. The company was planning management changed at its Daqing oilfield after a government probe of the unit's top executive, said two people familiar with the situation, according to Bloomberg.

The Nikkei ended down 0.69% at 13,542.37, the Hang Seng down 0.59% at 21,874.77 and the Straits Times down 1.63% at 3,034.02.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: PTR

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