(Bloomberg) -- Asian stocks fell after raw material prices dropped and reports showed falling retail sales and a wider trade deficit in the U.S., the region's largest export market.
All 10 industry groups making up the Morgan Stanley Capital International Asia-Pacific Index retreated. BHP Billiton Ltd. posted its biggest drop in two weeks as copper and zinc declined. Toyota Motor Corp. fell to the lowest in five months on concern demand for its cars will falter as the U.S. economy slows.
Read more at Bloomberg Stocks News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment