Thursday, May 3, 2007

Asian Equities Extend Record on Metals, U.S. Economy; BHP, PetroChina Gain

(Bloomberg) -- Asian stocks extended a record high, led by BHP Billiton Ltd. as metals prices climbed after better- than-forecast productivity growth in the U.S. eased concern of a deepening economic slowdown in the world's largest economy.

Benchmarks in Australia, South Korea, Singapore, Malaysia and Indonesia rose to new highs, tracking advances in the Morgan Stanley Capital International Asia-Pacific excluding Japan Index.


Read more at Bloomberg Stocks News

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