Asian stocks declined, with the regional benchmark index headed for a one-week low, as raw material suppliers dropped after reports on U.S. home sales and Philadelphia region manufacturing missed estimates.
BHP Billiton Ltd. (BHP), the world’s biggest mining company, slipped 2.2 percent in Sydney. Samsung Electronics Co., the world’s largest mobile-phone maker by sales, fell 2.5 percent.
The MSCI Asia Pacific Index (MXAP) fell 0.8 percent to 114.72 as of 9:32 a.m. in Tokyo, heading for its lowest close since June 15 before markets in China and Hong Kong opened.
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