March 26 (Bloomberg) -- Asian stocks dropped for the first time in four days, led by automakers and technology companies, after U.S. consumer confidence declined and falling U.S. sales forced Hino Motors Ltd. to take a one-time charge.
Hino, Japan's largest maker of heavy-duty trucks, slumped for the first time in six days in Tokyo. Canon Inc. dropped after JPMorgan Chase & Co. lowered its rating, saying a stronger yen will dent earnings. Santos Ltd. and Newcrest Mining Ltd. jumped after crude oil, copper and gold prices advanced.
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