Wednesday, June 6, 2007

Asian Stocks Fall in U.S. Trading on Inflation Concern; BHP, Tata Retreat

(Bloomberg) -- Asian stocks fell in U.S. trading for
a second day as a higher-than-forecast rise in labor costs fueled
concerns about accelerating inflation. BHP Billiton and other
metal shares dropped on lower gold and copper prices.

The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, slipped 0.7 percent to
165.07, the biggest decline in two weeks.


Read more at Bloomberg Stocks News

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