(Bloomberg) -- Asian shares fell, led by Toyota
Motor Corp. and BHP Billiton Ltd., on concern figures this week
will show a drop in U.S. home sales, signaling declining demand
in the region's largest export market.
``Stocks globally take a fall every time there's more bad
news on U.S. housing-related or lending data because there's a
threat that this may spill over into other parts of the
economy,'' said Eric Betts, a strategist at Nomura Australia Ltd.
in Sydney. ``This wouldn't be good for companies that depend on
the U.S. consumer.''
Read more at Bloomberg Stocks News
Motor Corp. and BHP Billiton Ltd., on concern figures this week
will show a drop in U.S. home sales, signaling declining demand
in the region's largest export market.
``Stocks globally take a fall every time there's more bad
news on U.S. housing-related or lending data because there's a
threat that this may spill over into other parts of the
economy,'' said Eric Betts, a strategist at Nomura Australia Ltd.
in Sydney. ``This wouldn't be good for companies that depend on
the U.S. consumer.''
Read more at Bloomberg Stocks News
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