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Japan Stocks Fall as Yen Rises, Oil Drops to 5-Year Low

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Japanese stocks halted their longest winning streak since August as exporters declined on a stronger yen and oil’s drop to a five-year low dragged energy shares.

Japan Drilling Co. sank 5.2 percent, its biggest loss in seven months. Energy services stocks JGC Corp. and Chiyoda Corp. each retreated more than 2 percent as ConocoPhillips announced a 20 percent cut in expenditures for next year. Sony Corp. fell 4 percent as hackers escalated demands to stop the release of a movie critical of North Korea. Dentsu Inc. rose 1.2 percent after Mitsubishi UFJ Morgan Stanley Inc. increased its price target for the advertising agency