Sunday, May 6, 2007

Asian Stocks Advance to a Record, Paced by Japan Air on Profit; DBS Rises

(Bloomberg) -- Asian stocks climbed to a record, led by companies due to announce results this week, after Japan Airlines Corp. said operating profit rose to an all-time high.

Japan Air, Asia's biggest carrier by sales, jumped the most in a month. Tokyo Electron Ltd., the world's No. 2 supplier of chip-making equipment, had its largest gain in three weeks after a newspaper reported the company's profit this year will climb to a record.


Read more at Bloomberg Stocks News

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