Monday, July 23, 2007

Japanese Stocks Slide; Exporters Decline on U.S. Earnings, Stronger Yen

(Bloomberg) -- Japanese shares dropped, paced by
companies that rely on the U.S. market, after Caterpillar Inc.
said its profit fell on lower North American sales and the yen
strengthened against the dollar.

Exporters such as Honda Motor Co. and Sony Corp. declined
after the yen rose against the dollar to the highest in more than
six weeks.


Read more at Bloomberg Stocks News

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