Monday, 30 July 2007

Asian Stocks Rebound From 1-Month Low; JFE, Nippon Steel Rise, Canon Fall

(Bloomberg) -- Asian stocks rebounded from a one-
month low after higher profits at JFE Holdings Inc. and Nippon
Steel Corp. offset concern U.S. housing investment is dropping.

Canon Inc., the world's largest digital-camera maker, and
Macquarie Bank Ltd., Australia's biggest investment bank, led
declines on speculation the housing slump will slow U.S.
consumer spending and end a global boom in takeovers.


Read more at Bloomberg Stocks News

No comments: