Economics
Asian Stocks Fall on U.S. Stimulus Concern, Yen; Exporters Drop
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Asian stocks fell for the first time in four days after two Federal Reserve officials questioned the amount of stimulus being applied to the U.S. economy and as the yen rose toward a post-World War II high.
Honda Motor Co., a carmaker that gets about 83 percent of sales overseas, lost 2.6 percent in Tokyo as the yen’s advance threatened the earnings outlook for Japan’s exporters. Sony Corp., Japan’s biggest exporter of consumer electronics, dropped