Economics

Asian Stocks Decline by Most in a Week on U.S. Economy, Greece

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Asian stocks fell by the most in a week ahead of the release of data that may show the U.S. economy is faltering and on concern Greece won’t pass budget cuts to meet bailout conditions, hurting the outlook for exporters.

Toyota Motor Corp., the world’s No. 1 carmaker by sales, dropped 2.3 percent. Samsung Electronics Co., South Korea’s biggest exporter of consumer electronics, declined 2 percent in Seoul after Apple Inc. sued the company charging patent infringement. Commonwealth Bank of Australia Ltd., the nation’s largest lender by market value, slipped 1.3 percent in Sydney after regulators raised capital adequacy requirements for the world’s biggest lenders.