Asian Stocks Fall to Pare Weekly Gain as Investors Weigh Greece
ByAsian stocks fell, trimming the regional benchmark index’s weekly advance, as investors weighed prospects for Greece after days of talks failed to yield a breakthrough in its debt crisis.
The MSCI Asia Pacific Index lost 0.2 percent to 149.02 as of 9:02 a.m. in Tokyo, paring this week’s gain to 1.3 percent. Finance ministers couldn’t reach an agreement on Thursday in Brussels, with talks reconvening Saturday ahead a debt-payment deadline for Greece expiring next week. The meeting will mark the fifth time finance chiefs in the currency union have gathered on the country’s debt stalemate in a week…
Asian Stocks Fall to Pare Weekly Gain as Investors Weigh Greece