Asian stocks slip as growth concerns cloud outlook

Stocks in Asia fell on Wednesday, following declines on Wall Street as remarks by Federal Reserve Chair Jerome Powell gave little indication about the future path of interest rates and economic data fuelled concerns about slowing growth. MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.4% in mid-morning trade, after US stocks ended the previous session lower. The S&P 500 was down 0.6%, marking its biggest one-day loss in three weeks. Australian shares led regional declines, down 1%, extending losses after a bigger-than-expected rise in consumer prices in August. US stock futures ESc1 were flat. The greenback stabilised after two consecutive days of decline, with the dollar index up 0.1% at 97.301. Against the yen, the dollar was up...