(Bloomberg) -- Shares of Asian property developers
and banks dropped amid speculation rising interest rates will
hurt earnings. Mitsubishi Estate Co. and Westpac Banking Corp.
led the decline.
Limiting losses, some exporters such as Canon Inc. and Honda
Motor Co. advanced as investors judged the benefit of a weaker
yen outweighed the implications of mortgage defaults in the U.S.
Read more at Bloomberg Stocks News
and banks dropped amid speculation rising interest rates will
hurt earnings. Mitsubishi Estate Co. and Westpac Banking Corp.
led the decline.
Limiting losses, some exporters such as Canon Inc. and Honda
Motor Co. advanced as investors judged the benefit of a weaker
yen outweighed the implications of mortgage defaults in the U.S.
Read more at Bloomberg Stocks News
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