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Japanese Stocks Fall for First Time in Three Days as Oil Climbs

Japanese stocks fell, driving down benchmark indexes for the first time in three days, as surging oil prices threatened companies with higher energy costs.

All Nippon Airways Co., Asia’s biggest listed carrier by sales, and Honda Motor Co., Japan’s No. 2 carmaker by market value, both lost 2.4 percent. Tokyo Electric Power Co., the operator of a nuclear plant crippled after an earthquake and tsunami on March 11, dropped 3.7 percent as speculation grew the company will be nationalized. Inpex Corp., Japan’s largest oil explorer, advanced 4.3 percent.