Monday, May 14, 2007

Asian Equities Fall on Economic Growth Concern; Fanuc, BHP Billiton Slide

(Bloomberg) -- Asian stocks fell after Japanese machinery orders unexpectedly fell and metals prices slumped.

Fanuc Ltd., the world's largest maker of industrial robots, and BHP Billiton Ltd., the biggest mining company, led declines. Hyundai Heavy Industries Co. dropped on concern costs will increase after Dongkuk Steel Mill Co. said it will raise ship- plate prices.


Read more at Bloomberg Stocks News

No comments: