(Bloomberg) -- Asian stocks fell for the first time in
six days, led by exporters, banks and mining companies, on concern
global interest rates will rise further.
The Morgan Stanley Capital International Asia-Pacific Index
retreated from a record high, led by Nissan Motor Co. and Samsung
Electronics Co, after U.S. labor costs rose more than economist
forecasts. Commonwealth Bank of Australia dropped after the
government said May employment rose almost four times as much as
economists estimated, suggesting borrowing costs may increase.
Read more at Bloomberg Stocks News
six days, led by exporters, banks and mining companies, on concern
global interest rates will rise further.
The Morgan Stanley Capital International Asia-Pacific Index
retreated from a record high, led by Nissan Motor Co. and Samsung
Electronics Co, after U.S. labor costs rose more than economist
forecasts. Commonwealth Bank of Australia dropped after the
government said May employment rose almost four times as much as
economists estimated, suggesting borrowing costs may increase.
Read more at Bloomberg Stocks News
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