Asian stocks fell, with the benchmark index paring yesterday’s rally, as Federal Reserve minutes showed officials saw diminishing benefits from the central bank’s bond-buying program.
Nintendo Co., a Japanese maker of video-game players, fell 4.4 percent after jumping 11 percent yesterday. Daiei Inc. slumped 7.3 percent in Tokyo after the supermarket operator cut full-year forecasts. Raw-material shares fell the most among the 10 industry groups of the Asia-Pacific benchmark index.
The MSCI Asia Pacific Index dropped 0.4 percent to 139.30 as of 9:30 a.m. in Tokyo. The measure gained 1 percent yesterday, the biggest advance since Nov. 18.
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Mingze Wu
centers on forex and macro-economic trends impacting the Asia Pacific region.
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