(Bloomberg) -- Asian stocks fell, dragging a
regional benchmark from a record high, after confidence in the
U.S. homebuilding industry dropped to a 16-year low and metals
prices declined.
Nissan Motor Co. and James Hardie Industries NV led a drop
among companies that rely on U.S. sales on speculation spending
in the world's largest economy will wane. BHP Billiton Ltd., the
world's largest mining company, ended a three-day climb, while
energy stocks including Inpex Holdings Inc. advanced after crude-
oil prices rose to the highest in nine months.
Read more at Bloomberg Stocks News
regional benchmark from a record high, after confidence in the
U.S. homebuilding industry dropped to a 16-year low and metals
prices declined.
Nissan Motor Co. and James Hardie Industries NV led a drop
among companies that rely on U.S. sales on speculation spending
in the world's largest economy will wane. BHP Billiton Ltd., the
world's largest mining company, ended a three-day climb, while
energy stocks including Inpex Holdings Inc. advanced after crude-
oil prices rose to the highest in nine months.
Read more at Bloomberg Stocks News
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