Monday, June 25, 2007

Japan's Stocks May Drop on U.S. Subprime Loan Concern; Exporters May Fall

(Bloomberg) -- Japanese stocks may fall, paced by
companies that rely on overseas markets such as Komatsu Ltd. and
Mitsubishi Corp., on lingering concern that losses tied to U.S.
subprime mortgages will curb growth in the world's biggest
economy.

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


Read more at Bloomberg Stocks News

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