“Asian stocks swung between gains and losses amid concern shares have risen too fast following a three-week rally that drove the regional benchmark index to a 19-month high.
Canon Inc., the world’s biggest camera maker, slipped 1.7 percent after the yen strengthened, cutting the outlook for overseas income at Japanese exporters. National Australia Bank Ltd. (NAB) lost 1.8 percent as the country’s largest lender by assets announced plans to cut costs after full-year profit fell for the first time since 2009. Newcrest Mining Ltd., Australia’s No. 1 gold producer, gained 2.4 percent as futures for the precious metal capped the longest rally in six months.
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