MUMBAI (NewsRise) -- Asian stocks outside of Japan declined Tuesday, as Chinese lenders pulled back and Singapore property developers slipped after an increase in taxes for buyers of high-value homes.
The Nikkei Asia300 Index fell 0.3% to 1,441.72. Singapore property developers dropped after the city-state's government increased the duty paid by buyers for homes valued at more than S$1 million (USD 761,727) to 4% from 3%. UOL Group and City Developments lost at least 3% each and CapitaLand fell 1.9%.
