Monday, July 9, 2007

Asian Stocks Resume July Rally on Economic Growth; Samsung, Komatsu Climb

(Bloomberg) -- Asian stocks rose, driving the Nikkei
225 Stock Average to a seven-year high, on signs economic growth
in Japan and South Korea is accelerating.

Komatsu Ltd. gained after a government report showed
machinery orders in Japan rose more than forecast in May. Samsung
Electronics Co. led the Kospi index, the world's third-best
performer this month, to a fourth straight high after the
commerce ministry raised its forecast for South Korean exports.


Read more at Bloomberg Stocks News

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