Asian Stocks Slip from Record High; Mitsubishi Estate Falls on Bond Yields

(Bloomberg) -- Asian stocks fell for the first time
in seven days, led by property developers and insurers, on
concern rising bond yields will curb earnings growth.

Mitsubishi Estate Co. and Millea Holdings Inc. declined,
derailing a rally that lifted the Morgan Stanley Capital
International Asia-Pacific Index to a record high. Korea Exchange
Bank fell by the most in six months after its largest shareholder
sold a stake in the lender.


Read more at Bloomberg Stocks News