Pursuits
Most Asian Stocks Fall as Regional Gauge Trims Weekly Advance
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Most Asian stocks fell after the regional benchmark index closed Thursday at a seven-year high.
Isetan Mitsukoshi Holdings Ltd. dropped 9.2 percent, as retailers led declines in Japan. Alibaba Health Information Technology Ltd., a unit of China’s biggest e-commerce operator, sank 12 percent after Wang Jian resigned as chairman and chief executive officer. Energy companies advanced, with services contractor WorleyParsons Ltd. surging 8.7 percent in Sydney on high volume, with the company saying it’s unaware of any unannounced information.