Friday, May 25, 2007

Asian Stocks Advance, Led by Mizuho Financial; Samsung, Exporters Decline

(Bloomberg) -- Asian stocks advanced this week after
Japanese lenders Mizuho Financial Group Inc. forecast record
earnings and Sumitomo Mitsui Financial Group Inc. said profit
will increase this business year.

``The banks are really standing out as their earnings have
fostered some confidence,'' said Hideyuki Ookoshi, who oversees
$365 million at Chiba-Gin Asset Management Co. in Tokyo.


Read more at Bloomberg Stocks News

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