Japan Stocks Falls on U.S. Stimulus Concern, Commodities
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Japanese shares slid, with the Topix Index falling the first time in four days, amid concern the U.S. Federal Reserve may scale back stimulus and China may step up tightening. Resource stocks fell after commodity prices dropped.
Inpex Corp. lost 2.8 percent to lead declines among oil producers. Fanuc Corp., which supplies robotics used in Chinese factories, declined 2.2 percent. GS Yuasa Corp., which makes batteries for Boeing Co., jumped 8 percent on optimism the planemaker is preparing fixes for battery problems that grounded the 787 Dreamliner. Nippon Telegraph & Telephone Corp. gained 0.8 percent on a report its unit will cut a fifth of its workforce.