Wednesday, May 30, 2007

Japan's Shares Fall on Concern China Slump Will Spread; Toyota Leads Drop

(Bloomberg) -- Japanese stocks fell on concern a
plunge by Chinese stocks, triggered by a tripling of the tax on
securities transactions on the mainland, will spread to equities
throughout Asia.

Chugai Pharmaceutical Co. fell the most since January 2003
after saying the price of its cancer drug will be about 40
percent less in Japan than the U.S. Toyota Motor Corp. declined
for the first time in three days.


Read more at Bloomberg Stocks News

No comments: