Wed, 22 Aug 2012 08:32:49 GMT
Asian stocks decline on Japan's trade deficit
Asian stocks declined, with the regional benchmark index falling from a 3-month high, amid European leaders meeting this week to discuss the bailout package for Greece and after Japan showed a wider than expected trade deficit. The MSCI Asia Pacific Index fell 0.5% to 120.64. Japan's Nikkei 225 Stock Average slid 0.3%, while Australia's S&P/ASX 200 Index declined 0.2%.