equityresearch
Equity Research
Asian stocks fell for the first time in three days on concern China will boost steps to cool growth as inflation accelerates, threatening a global economic recovery. The MSCI Asia Pacific Index fell 0.3 percent to 122.78 with about twice as many stocks dropping as advancing. The index has retreated about 3 percent since reaching a 17‐month high on Jan. 15 amid concern governments from China to India will withdraw economic‐stimulus measures and that Greece will struggle to curb its budget deficit. Japan’s Nikkei 225 Stock Average and Australia’s S&P/ASX 200 Index each lost 0.2 percent. South Korea’s Kospi Index slipped 0.8 percent.
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