Monday, June 25, 2007

Japan Shares Drop, Led by Exporters, Nissan, Komatsu, on Subprime Concern

(Bloomberg) -- Japanese shares fell on lingering
concern that losses tied to U.S. subprime mortgages will curb
growth in the world's biggest economy. Nissan Motor Co. and
Komatsu Ltd. which rely on sales there, paced losses.

U.S. stocks declined for a second day yesterday on
speculation hedge fund losses are greater than forecast and after
a report showed sales of previously owned homes declined in May.


Read more at Bloomberg Stocks News

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