Japan Stocks Drop Third Day on Greek Debt Deal Concerns

Japanese stocks fell for a third day, sending the Nikkei 225 Stock Average to a two-week low, amid concern Greece’s debt-swap deal will collapse, threatening the country’s bailout.

Mitsubishi UFJ Financial Group Inc., Japan’s top bank by market value, fell 1 percent. Sony Corp., a consumer electronics maker that gets about 70 percent of its sales overseas, sank 2.4 percent after the yen strengthened, hurting exporters’ earnings outlook. Mitsui & Co., a trading house that counts commodities as its biggest source of income, lost 1.2 percent after oil and metals prices dropped.