Asian Stocks Decline From a Record High, Led by Nissan; Woodside Advances

(Bloomberg) -- Asian stocks fell after a report
showed confidence in the U.S. homebuilding industry dropped to
a 16-year low and crude-oil prices jumped to the highest in
nine months.

Nissan Motor Co. and James Hardie Industries NV. led a
decline among companies that rely on U.S. sales on concern
growth in the world's largest economy will slow. Korea Electric
Power Corp. fell on speculation higher fuel costs will erode
profits, while Woodside Petroleum Ltd. gained.


Read more at Bloomberg Stocks News