(Bloomberg) -- Asian stocks fell for the first time in
six days after a higher-than-forecast increase in U.S. labor costs
fueled concern inflation will accelerate, prompting an increase in
interest rates.
The Morgan Stanley Capital International Asia-Pacific Index
retreated from a record high, following declines in the U.S. and
Europe. Toyota Motor Corp., which made more than one third of its
sales in North America last year, and Samsung Electronics Co.,
Asia's largest maker of chips, flat screens and mobile phones, led
declines.
Read more at Bloomberg Stocks News
six days after a higher-than-forecast increase in U.S. labor costs
fueled concern inflation will accelerate, prompting an increase in
interest rates.
The Morgan Stanley Capital International Asia-Pacific Index
retreated from a record high, following declines in the U.S. and
Europe. Toyota Motor Corp., which made more than one third of its
sales in North America last year, and Samsung Electronics Co.,
Asia's largest maker of chips, flat screens and mobile phones, led
declines.
Read more at Bloomberg Stocks News
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