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Most Asian stocks fell after the Bank of Japan’s expansion of its asset-purchase program failed to allay concern economic growth in the world’s third-largest economy is waning. Hurricane Sandy forced U.S. markets to shut for a second day.
Nikkei 225 8,841.98 -87.36 -0.98%
S&P/ASX 200 4,485.69 +8.83 +0.20%
Shanghai Composite 2,062.35 +3.40 +0.17%
Toyota Motor Corp. lost 0.5 percent, reversing earlier gains, after the central bank’s announcement. BYD Co., the Chinese automaker partially owned by Warren Buffett’s Berkshire Hathaway Inc., tumbled 5.5 percent after saying profit may fall as much as 98 percent this year.Sharp Corp. surged 6.2 percent in Tokyo on a report the maker of liquid-crystal displays is in partnership talks with Apple Inc. and Google Inc.
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