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Asian Stocks Fall This Week on Libya Unrest, Japan Earthquake

Asian stocks fell this week, dragging down a regional benchmark index by the most since August, as conflict escalated in the Middle East and an earthquake shook Japan in the final minutes of trading yesterday.

Chiyoda Corp., a Japanese contractor that gets almost half of its sales from the Middle East, sank 6.2 percent this week in Tokyo. Air China Ltd., the nation’s No. 1 international carrier, lost 2.8 percent in Hong Kong. BHP Billiton Ltd., the world’s biggest mining company, dropped 6.5 percent in Sydney. Tokio Marine Holdings Ltd., Japan’s second-largest casualty insurer, retreated 7.6 percent.