(Bloomberg) -- Asian stocks fell for a third day on
lingering concern that losses tied to U.S. subprime mortgages
will curb growth in the world's biggest economy.
Honda Motor Co. and Samsung Electronics Co. led exporters
lower, sending the Morgan Stanley Capital International Asia-
Pacific Index to its longest stretch of losses in five weeks.
U.S. stocks dropped for a second day yesterday after Merrill
Lynch & Co. said Bear Stearns Cos. may have to salvage a second
hedge fund that owes about $7 billion.
Read more at Bloomberg Stocks News
lingering concern that losses tied to U.S. subprime mortgages
will curb growth in the world's biggest economy.
Honda Motor Co. and Samsung Electronics Co. led exporters
lower, sending the Morgan Stanley Capital International Asia-
Pacific Index to its longest stretch of losses in five weeks.
U.S. stocks dropped for a second day yesterday after Merrill
Lynch & Co. said Bear Stearns Cos. may have to salvage a second
hedge fund that owes about $7 billion.
Read more at Bloomberg Stocks News
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