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Asian stocks fell, with the regional benchmark index set for its longest streak of weekly losses in more than 1 1/2 years, amid concern earnings growth will miss estimates on signs of weakness in China’s economy.
Nikkei 225 15,391.56 -304.33 -1.94%
Hang Seng 22,542.24 -191.66 -0.84%
S&P/ASX 200 5,240.93 -22.06 -0.42%
Shanghai Composite 2,052.83 +10.65 +0.52%
Honda Motor Co. fell 2.4 percent in Tokyo after the yen strengthened the most in four months yesterday, dragging Japanese exporters lower.
The Reject Shop Ltd. slumped 32 percent in Sydney after profit at the discount retailer missed estimates.
Newcrest Mining Ltd., an Australian gold producer, rose 3.8 percent after the precious metal surged in New York.
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