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Asian stocks outside Japan fell, paring the biggest weekly advance in more than a month, after Federal Reserve policy makers said they will probably end their $85 billion monthly bond-purchase program sometime this year. Japanese equities jumped as markets reopened from holidays.
Nikkei 225 10,688.11 +292.93 +2.82%
Hang Seng 23,331.09 -67.51 -0.29%
S&P/ASX 200 4,723.78 -16.90 -0.36%
Rio Tinto Group, the world’s second-largest mining company, dropped 1 percent in Sydney as metals prices fell.
Toyota Motor Corp. surged 6.4 percent as the yen weakened to the lowest level against the dollar since July 2010, boosting the earnings outlook for exporters.Japan Exchange Group Inc. fell 9.7 percent in its Tokyo trading debut after the merger between Osaka Securities Exchange Co. and Tokyo Stock Exchange Group.
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