Wednesday, June 6, 2007

Japanese Stocks May Fall, Led by Exporters, Honda on Inflation Concerns

(Bloomberg) -- Japanese stocks may decline, paced by
companies that rely on U.S. sales such as Sony Corp. and Honda
Motor Co., after a higher-than-forecast rise in U.S. labor costs
fueled concerns about accelerating inflation.

The U.S. is the largest overseas market for Sony, while Honda
made more than half of its total sales in North America last year.


Read more at Bloomberg Stocks News

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