Wednesday, June 20, 2007

Asian Stocks Rise on Surge in Chip Prices, Japan's Exports; Samsung Gains

(Bloomberg) -- Asian stocks rebounded from an earlier
loss after prices of computer-memory chips surged and a report
today showed Japan's export growth almost doubled in May.

Samsung Electronics Co. and Toshiba Corp. led technology
shares higher, helping the Morgan Stanley Capital International
Asia Pacific Index extend a five-day rally. Shares fell earlier as
higher global bond yields renewed concern that growth in the
world's largest economies will slow.


Read more at Bloomberg Stocks News

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