Asian stocks open in red

Asian stocks fell as commodity prices declined and a weaker dollar reduced Japanese automakers` overseas earnings prospects.

Mitsubishi lost 2%. Honda Motor dropped more than 2% in Tokyo.

Japanese benchmark index Nikkei dropped 82.50 points, or 0.78%, to trade at 10,502.96.

Hong Kong`s Hang Seng index fell 430.92 points, or 2.04%, to trade at 20,643.29.

China`s Shanghai Composite decreased 67.67 points, or 2.07% to trade at 3,197.06.

Taiwan`s Taiex index gained shrank 22.45 points, or 0.32%, to trade at 6,886.57.

South Korea`s Kospi index lost 16.54 points, or 1.05%, to trade at 1,562.67.

Singapore`s Straits Times advanced 15.16 points, or 0.58%, to trade at 2,582.14. (8.02 a.m., IST)