Jun
02

Most Asia Stocks Fall Amid Greece Standoff as Japan Drops on Yen

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Alexis TsiprasGreek Prime Minister Alexis Tsipras. Photographer: Kostas Tsironis/Bloomberg

Most Asian stocks fell as Japanese shares slid on a stronger yen and investors awaited the outcome of talks between Greece and its creditors.

About three shares dropped for every two that advanced on the MSCI Asia Pacific Index, which slipped less than 0.1 percent to 150.41 as of 9:02 a.m. in Tokyo. Japan’s Topix index sank 0.3 percent after the yen gained 0.5 percent against the dollar on Tuesday. The impasse over Greece’s future lingered as both sides worked on rival proposals for the conditions of a financial lifeline with debt payments looming. Bonds in Australia and New Zealand tracked a selloff in European and U.S. debt that was reignitedTuesday…

Most Asia Stocks Fall Amid Greece Standoff as Japan Drops on Yen

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