Economics
Asian Stocks Outside Japan Cap Weekly Drop on Earnings Reports
This article is for subscribers only.
Asian stocks outside Japan fell this week as investors weighed earnings reports with trading curtailed by holidays around the region.
The MSCI Asia Pacific excluding Japan Index slid 0.3 percent to 475.51, dropping a third week. Samsung Electronics Co. and Tencent Holdings Ltd. were the biggest drags on the gauge. The broader MSCI Asia Pacific Index gained 0.2 percent this week. The regional measure slid 0.5 percent in April to cap its first loss in three months amid signs of a deepening slowdown in China and as tensions in Ukraine escalated.