Asian stocks fell, with the regional benchmark index heading for the first two-day loss in five weeks, after U.S. House Republican leaders canceled a planned vote that would permit higher taxes amid stalled budget talks.

Nikkei 225 9,940.06 -99.27 -0.99%

S&P/ASX 200 4,623.58 -10.53 -0.23%

Shanghai Composite 2,153.31 -15.04 -0.69%

Techtronic Industries Co., a maker of power tools that gets 72 percent of its sales in North America, dropped 1.7 percent in Hong Kong.

Samsung Electronics Co. dropped 4.1 percent in Seoul after the European Union said its preparing an antitrust complaint against the maker of TVs and smartphones.