Monday, July 30, 2007

Japan's Nikkei Drops, Paced by Nomura on Subprime Concern; Olympus Gains

(Bloomberg) -- Japan's Nikkei 225 Stock Average
slipped after Germany's IKB Deutsche Industriebank AG said losses
on subprime loan investments will ``significantly'' lower profits.

Brokerages such as Nomura Holdings Inc., with similar
investments, led declines on concern they will also be affected.


Read more at Bloomberg Stocks News

No comments: