Asian Stocks Drop as Kuroda’s Comments Weigh on Japanese Shares

Updated on
  • Kuroda rejects helicopter money in a BBC interview in June
  • The Asia Pacific stock index pares a second weekly advance

Asian stocks retreated from an eight-month high as consumer-discretionary companies led losses and Bank of Japan chief Haruhiko Kuroda’s opposition to so-called helicopter money dragged Tokyo equities lower.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.