Asian Stocks Follow U.S. Shares Lower as Energy Companies Drop
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Asian stocks fell for the first time in three days, after a decline in U.S. equities, as investors watched Greece’s bailout talks and energy shares retreated.
Inpex Corp. slipped 1.3 percent in Tokyo as energy companies fell most on the regional benchmark index. Fosun International Ltd. dropped 2.4 percent in Hong Kong after the its parent company was said to raise $1.2 billion selling its unit’s shares. Qantas Airways Ltd., Australia’s biggest carrier, jumped 7.2 percent to its highest since 2008 after saying it would spend less on jet fuel this year.