Monday, June 11, 2007

Japanese Stocks May Rise After Commodities Prices Rebound; Banks May Slide

(Bloomberg) -- Japanese stocks may rise after prices
for commodities including copper and oil rebounded. Metals
producers such as Sumitomo Metal Mining Co. and trading houses
including Mitsubishi Corp. may pace gains.

Lenders may decline after the Financial Services Agency
ordered Mitsubishi UFJ Financial Group Inc. to improve compliance
in its overseas operations and Credit Suisse Group lowered its
rating on shares of Mizuho Financial Group Inc.


Read more at Bloomberg Stocks News

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