Wednesday, July 11, 2007

Japan Stocks Fall, Reversing Earlier Advances; Nomura Holdings Leads Drop

(Bloomberg) -- Japan's Topix index dropped, led by
brokerages including Nomura Holdings Inc. after Deutsche Bank AG
lowered its stock price forecast, citing possible valuation
losses related to subprime loans.

Some exporters advanced after the yen declined against the
dollar and euro in New York. Fanuc Ltd. and Canon Inc. led gains.


Read more at Bloomberg Stocks News

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