Sunday, April 15, 2007

Asian Stocks Advance, Led by Canon, on Yen Weakness; BHP and Takeda Climb

(Bloomberg) -- Asian stocks rose the most in eight days as a decline in the yen boosted the value of exports to Europe. Canon Inc. and Honda Motor Co. gained.

``The trend of a weaker yen won't change for at least another year,'' said Masanaga Kono, who helps manage about $14 billion at Societe Generale Asset Management (Japan) Co. in Tokyo. ``Automaker and technology stocks will benefit.''


Read more at Bloomberg Stocks News

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