Asian stocks down amid pessimism over US plans (AP)

HONG KONG – Asian stock markets fell Thursday, with Japan's benchmark losing almost 3 percent, amid doubts that U.S. plans costing trillions of dollars will soon restore the health of the world's largest economy.

original equipment manufacturer diesel tanks

Investors seemed more wary than relieved after U.S. lawmakers finally agreed overnight to a $790 billion stimulus bill designed to pull the economy out of recession by creating jobs through spending and tax cuts. President Barack Obama could sign the measure within days. The news came a day after the Obama administration's newly revised program to rescue the financial sector with some $2 trillion in funding met with widespread skepticism. Investors criticized the plan for what they said was a lack of specifics.

Full Story: Asian stocks down amid pessimism over US plans (AP)