(Bloomberg) -- Asian stocks were little changed as
concern global interest rates will rise dragged on technology and
property shares, offsetting gains among oil producers.
Sony Corp. and Sino Land Co. led declines after U.S. labor
costs rose more than economist forecasts, while energy shares
including Cnooc Ltd. tracked oil higher. China's CSI 300 Index
climbed for a third day, damping speculation a rout that erased
more than $400 billion of market value will resume.
Read more at Bloomberg Stocks News
concern global interest rates will rise dragged on technology and
property shares, offsetting gains among oil producers.
Sony Corp. and Sino Land Co. led declines after U.S. labor
costs rose more than economist forecasts, while energy shares
including Cnooc Ltd. tracked oil higher. China's CSI 300 Index
climbed for a third day, damping speculation a rout that erased
more than $400 billion of market value will resume.
Read more at Bloomberg Stocks News
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