Asian Stocks Drop Seventh Day on Fed Concern; China Shares Fall

Asian stocks fell, with the regional benchmark heading for its longest losing streak since September, as investors weighed the outlook for U.S. interest rates and Chinese shares retreated from a seven-year high.

EU Leaders Declare Crisis Turning Point as Focus Starts Shifting to Growth

European leaders declared a turning point in the Greece-fueled debt crisis, shifting their focus away from the budget-cutting spree that has dominated two years of rescue operations.