Japan Stocks Drop; Insurers, Power Companies Decline on Earthquake Concern

(Bloomberg) -- Japanese stocks fell, led by insurers
and power producers for a second day after an earthquake struck
northwestern Japan on June 16.

Millea Holdings Inc., Japan's largest insurer by market
value, and Tokyo Electric Power Co. led declines on concern
damages caused by the quake will result in high payments and
increased costs.


Read more at Bloomberg Stocks News