Asia stocks wilt hours before US fiscal cliff hits
Asia stocks wilt hours before US fiscal cliff hits With just hours left before the US hits the ``fiscal cliff,'' stocks on the other side of the world wilted Monday as investors sold off riskier assets to lock in profits just in case budget negotiations fail in Washington.
Asian stocks fell for the first time in three days and the yen traded near an eight-month high against the dollar on concern growth is slowing in the US and Japan, the worldā??s two biggest economies.