Asian stocks
fell, led by Japanese shares, after the Bank of Japan kept its
policy unchanged. Chinese stocks listed in Hong Kong headed for the
longest losing streak in 17 years.
Nikkei 225 13,317.62 -196.58 -1.45%
Hang Seng 21,345.18 -269.91 -1.25%
S&P/ASX 200 4,757.06 +19.36 +0.41%
Shanghai Composite 2,210.9 -31.21 -1.39%
Mitsubishi Estate Co., Japan's biggest developer by market value, dropped 4.4 percent after the BOJ refrained from adding to its purchase of real estate investment trusts.
SoftBank Corp. lost 0.4 percent after raising its offer for Sprint Nextel Corp. by 7.5 percent to $21.6 billion.
Samsung Electronics Co., the second heaviest-weighted stock on the MSCI Asian Pacific Index, dropped 2.5 percent in Seoul after its price target was cut at Morgan Stanley.