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Asian Stocks Retreat to Pare First Monthly Gain Since October

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Asian stocks fell, with the regional benchmark paring its firstly monthly gain since October, as earnings concern offset a drop in U.S. jobless claims. Chinese shares posted their biggest weekly decline in a year.

Computer-maker NEC Corp. tumbled 7.5 percent in Tokyo after operating profit missed estimates. Bank of Baroda slumped 11 percent in Mumbai as net income plunged. Galaxy Entertainment Group Ltd. dropped 3.1 percent in Hong Kong on a report Macau will push for a complete smoking ban in all areas of casinos.