Thursday, May 3, 2007

Asian Equities Advance to a Record on Earnings; Korea Electric Leads Gains

(Bloomberg) -- Asian stocks rose to a record after Korea Electric Power Corp. reported higher earnings and United Microelectronics Corp. forecast an increase in profit.

Benchmarks in South Korea, Singapore, Australia, Indonesia and Malaysia climbed to new highs as all 10 industry groups that make up the Morgan Stanley Capital International Asia-Pacific excluding Japan Index gained.


Read more at Bloomberg Stocks News

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