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Asian stocks fell, with the regional benchmark index poised to snap its longest rally since 2004, as suppliers to Apple Inc. dropped. Losses were limited as Japanese shares jumped after a party that backs more economic stimulus returned to power.
Nikkei 225 9,828.88 +91.32 +0.94%
S&P/ASX 200 4,573.4 -9.71 -0.21%
Shanghai Composite 2,160.34 +9.72 +0.45%
Hon Hai Precision Industry Co. fell 4.7 percent in Taipei, pacing losses among suppliers to Apple Inc., which had its rating cut at Citigroup Inc.
Nissan Motor Co., Japan’s second- largest carmaker by revenue, rose 1.8 percent as the yen slid to the lowest level since April 2011 against the dollar.Tokyo Electric Power Co. surged 33 percent on speculation Japan’s new government will allow the restart of nuclear reactors.
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