27-01-2016 07:43 via news.yahoo.com

Asian stocks struggle as oil falters, China weakens

By Saikat Chatterjee HONG KONG - Asian stocks held near the day's lows on Wednesday as a relapse in oil prices and fresh drops in Chinese stocks made sentiment even more fragile before a U.S. Federal Reserve policy statement due later. Technology giant Apple Inc's forecast of its first revenue drop in 13 years signalled a risk of diminishing corporate profitability and more downgrades. With Chinese stocks falling more than 3 percent after a 6.4 percent tumble in the previous session, Asia failed
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