Sunday, July 29, 2007

Asian Stocks Rebound From 1-Month Low; JFE Gains, Hon Hai Precision Falls

(Bloomberg) -- Asian stocks rebounded from a one-
month low after higher profits at JFE Holdings Inc. and Nippon
Steel Corp. helped offset concerns of a slump in U.S. housing.

Toyota Motor Corp., the world's largest automaker by market
value, and Hon Hai Precision Industry Co., the biggest contract
manufacturer, led declines after a report showed a decline in U.S.
housing investment.


Read more at Bloomberg Stocks News

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