Asian stocks continued to slide for the second session following the renewed concerns over the moderating inflation and slump in factory output in the China's economy.
Breaking News
Nikon (7731.T), the 98-year-old Japanese company best known for its cameras, has agreed to buy British retinal imaging firm Optos (OPTS.L) for 259.3 million pounds ($400 million) as it moves into the medical sector.
A Bloomberg report said smartphones had recently threatened sales of Japanese camera makers Nikon and Canon.
Japan-based camera maker Nikon reduced its prices in a bid to remain competitive against smartphone makers.
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