Tuesday, July 17, 2007

Asian Stocks Rise, Led by Taiwan; Japan's Shares, Millea Drop on Quake

(Bloomberg) -- Asian stocks rose, paced by Taiwan's
biggest companies after UBS AG raised its estimate for the
nation's benchmark. Japanese stocks fell, led by insurers and
power producers, after yesterday's earthquake.

Taiwan Cement Corp. and Cathay Financial Holding Co. paced
gains after the brokerage raised its 12-month estimate for the
nation's Taiex index to 12,000.


Read more at Bloomberg Stocks News

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