Sunday, 17 June 2007

Asian Stocks Gain on Yen, Commodities; Toyota Rises, China Reaches Record

(Bloomberg) -- Asian stocks rose for a third day as
prices of metals and crude oil advanced and the yen weakened
against the dollar.

BHP Billiton Ltd. rose to a third straight record, while Rio
Tinto Group became the first A$100 share on the Australian stock
exchange. Toyota Motor Corp. gained on expectations declines in
the yen will help boost exporters' dollar-denominated sales and
as a report showed U.S. core inflation slowed.


Read more at Bloomberg Stocks News

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