Economics
Asian Stocks Fall, Led by Health-Care, Technology Shares
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Asian stocks fell, with the regional gauge heading for its first drop in four days, led by health-care stocks and information technology shares. Several markets across the region are shut today for a holiday.
Ono Pharmaceutical Co. fell 2.9 percent in Tokyo to lead losses among health-care stocks. Wipro Ltd. declined 5.6 percent in Mumbai after Goldman Sachs Group Inc. said the Indian software maker’s first-quarter sales forecast is the weakest in the past four quarters. Japanese consumer-loan providers Acom Co. and Aiful Corp. each jumped at least 7.7 percent after the Nikkei newspaper reported that the ruling party is considering loosening lending restrictions in the sector.