Asia shares decline as Iraq tensions eclipse US data – CNBC.com

ASX down 0.5%


Australia’s benchmark S&P ASX 200 index fell to its lowest level in nearly two weeks, down for a third straight day, with miners under pressure.


Rio Tinto, BHP Billiton and Fortescue Metals all eased more than 1 percent after iron ore prices fell for the first time in five days. The country revised down its 2015 iron ore price forecast to $94.60 a ton from $100.80.


Shopping mall company Scentre, the spin off unit of property group Westfield, debuted on the stock market at $A.321.


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Kospi slips 0.5%


South Korean shares fell after rallying over 1 percent on Tuesday, weighed down by a 1.5 percent fall in Samsung Electronics.


Sensex 0.1% lower


Indian shares traded just below the flat line on caution ahead of the June derivatives on Thursday.


Asia shares decline as Iraq tensions eclipse US data – CNBC.com}

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