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News Link • Economy - International

Asia Stocks Fall on High Yen, U.S. Rates Concern

• Bloomberg

Asian stocks fell for the first time in four days after two Federal Reserve officials said they opposed a pledge to keep U.S. interest rates at record lows and as the yen rose toward a post-World War II high.

Honda Motor Co., a carmaker that gets about 83 percent of sales overseas, lost 1.2 percent in Tokyo as the yen’s advance threatened the earnings outlook for Japan’s exporters. 

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