Tuesday, 26 June 2007

Asian Exporter Stocks Fall on U.S. Spending Concern; Sony, Hon Hai Drop

(Bloomberg) -- Asian exporter stocks fell on
concern a slump in U.S. housing will curb spending in the
world's biggest economy.

Sony Corp., which made 70 percent of its sales overseas
last year, and Hon Hai Precision Industry Co., whose customers
include Apple Inc., led declines after sales of previously owned
homes fell to the lowest in almost four years.


Read more at Bloomberg Stocks News

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