Asian Market Update : Epic Research Malaysia

Asian stocks fell for the first time in four days as a rebound in the yen weighed on Japanese shares, while Australian assets slipped with the country in political limbo after a national election at the weekend failed to deliver a conclusive winner.

Japan's Topix index swung back to losses as the yen traded below 103 per US dollar following a rebound on Friday. Banks and consumer stocks led the drop in Sydney as the Australian dollar slipped from a one-week high and 10-year government bonds also fell.

Bets central banks will boost stimulus amid the UK's vote to leave the European Union saw gold holding near its highest price in more than two years, with Brent oil rising above US$50 a barrel.

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