Monday, July 2, 2007

Asian Stocks Climb, Paced by Caltex on Oil; Mitsubishi Estate Retreats

(Bloomberg) -- Asian stocks advanced for a third day,
led by energy-related shares, after declining U.S. fuel stockpiles
and attempted car bombings in the U.K. lifted the price of crude.

Caltex Australia Ltd., the nation's biggest oil refiner, rose
the most in two weeks. Mitsui & Co., a Japanese trading company
that generated about a sixth of last year's revenue from energy,
jumped by more than 3 percent for a second straight day.


Read more at Bloomberg Stocks News

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