Asian stocks drop on bets that U.S. will taper stimulus

Note: This section contains information in English only.
Source: Bloomberg
Asian stocks are close to the longest loosing streak in five month time, after the U.S. economic growth results raised concern that the Federal Reserve could taper stimulus faster than expected. The MSCI Asia Pacific Index tumbled 0.4%, thus reaching 1% weekly drop. One of the biggest decline was for Fortescue Metals which retreated 4.2%, when Teck Resources Ltd. put stake for sale for $473 million.

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