Sunday, May 6, 2007

Asian Stocks Advance to a Record; Tokyo Electron Gains on Earnings Report

(Bloomberg) -- Asian stocks climbed to a record, led by Japanese companies that are set to announce earnings this week, after a newspaper report said Tokyo Electron Ltd.'s profits this year will climb to an all-time high.

Japan's Topix index was poised for the biggest advance since March as it resumed trading after a two-day holiday last week, when benchmarks in Australia, Hong Kong, South Korea, Singapore, Malaysia and Indonesia set new highs.


Read more at Bloomberg Stocks News

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