Asian Stocks Fall as Earnings Miss Estimates; Nintendo Drops
Asian stocks declined the most in a week as companies from Nintendo Co. to Nidec Corp. reported earnings that missed analyst estimates and after commodity prices dropped.
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Emerging-Market Stocks Swing Between Gains, Losses; Acer Slumps, Kia Gains
Emerging-market stocks swung between gains and losses. Technology shares fell after Acer Inc. (2353) ’s profit missed analysts’ estimates, while South Korean automakers advanced after Yonhap News reported Kia Motors Corp. (000270) sold a record number of vehicles in the first quarter.
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