Tuesday, June 19, 2007

Japanese Stocks May Climb, Led by Canon, Exporters; Komatsu May Advance

(Bloomberg) -- Japanese stocks may gain after
declining U.S. bond yields eased concern that higher borrowing
costs will curb profit growth. Exporters such as Canon Inc. may
advance.

Machinery makers may also rise after the Nikkei newspaper
reported Boeing Co. agreed to help sell Mitsubishi Heavy
Industries Ltd's passenger jet. The newspaper also said Komatsu
Ltd. and Hitachi Construction Machinery Co. separately plan to
expand into the leasing business in China.


Read more at Bloomberg Stocks News

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