“China’s property sector remains a drag even with growth showing signs of stabilising,” the institute said in a note on Tuesday.
Commodity futures pricing in Singapore retreated from six-month highs to stand at $US120.80 per tonne for October contracts. Mining heavyweights BHP dropped 1.4 per cent to $45.10, Fortescue Metals shed 1.1 per cent to $20.97 and Rio Tinto fell 0.7 per cent lower to $118.54.
China, US worries drag ASX down; Iron ore miners and real estate fall comes via ChinaTechNews.com.