Asian stocks open in negative

Asian stocks fell, led by automakers and mining companies, after a New York manufacturing report missed economist estimates and commodity prices sank.

Toyota Motor fell more than 2% in Tokyo. Sony retreated almost 2%.

Japanese benchmark index Nikkei fell 193.50 points, or 1.93%, to trade at 9,846.17.

Hong Kong`s Hang Seng index lost 262.99 points, or 1.42%, to trade at 18,235.97.

China`s Shanghai Composite slid 15.59 points, or 0.56% to trade at 2,773.96.

Taiwan`s Taiex index gained 27.60 points, or 0.44%, to trade at 6,253.16.

South Korea`s Kospi index shrank 6.97 points, or 0.49%, to trade at 1,405.45.

Singapore`s Straits Times dropped 26.80 points, or 1.16%, to trade at 2,289.76. (7.40 a.m., IST)