Asian Stocks Fall as China Growth Tempers Stimulus Bets
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Asian stocks fell after the regional benchmark yesterday rose the most in two years as China economic data tempered expectations for broader stimulus.
Air-bag maker Takata Corp. tumbled a record 23 percent in Tokyo after Toyota Motor Corp. advised passengers to keep out of front seats amid a U.S. probe into malfunctions in the safety devices. China Mobile Ltd. dropped 1.8 percent after profit slowed for a fifth quarter. LG Chem Ltd. slumped 14 percent in Seoul after earnings were weaker than expected.