Asian stocks swung between gain and losses after the recent data over the U.S. concerns its services sector, where the U.S. service industries expanded less than estimated. Moreover, SoftBank Corp. added 0.9% after the price target of the Japanese mobile phone operator was raised at Bank of America Corp.'s Merrill Lynch unit. Samsung Electronics Co. slipped 0.2% as South Korea's biggest exporter of consumer electronics posted fourth-quarter earnings that missed analysts' estimates. The MSCI Asia Pacific Index dropped 0.1% to 139.07 in Tokyo after rising as much as 0.2%. Li & Fung Ltd. , the world's largest supplier of clothes and toys to retailers, gained 6.1% in Hong Kong as it said it will start a new unit to help vendors improve factory safety. On the other hand, Janet Yellen won U.S. Senate confirmation to become the 15 th chairman of the Federal Reserve and the first woman to hear the bank in its 100 year history.
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