Thursday, 07 June 2007

Japanese Shares Slide on Concern Over Higher Interest Rates, Led by Sony

(Bloomberg) -- Japanese stocks dropped, led by
exporters such as Sony Corp., on concern rising global interest
rates will curb consumer spending and corporate profits.

Toyota Motor Corp., the world's No. 1 automaker by market
value, declined 1.4 percent and Mitsui & Co., Japan's second-
biggest trading company, dropped 2.6 percent.


Read more at Bloomberg Stocks News

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