Sunday, July 22, 2007

Asian Stocks Fall From a Record; Honda, Exporters Decline on U.S. Concern

(Bloomberg) -- Asian stocks fell, with a key
regional index dropping from a record. Honda Motor Co. paced a
decline among exporters as disappointing earnings from
Caterpillar Inc. dented confidence in the U.S. economy.

``Caterpillar's result suggested some earnings estimates
were too optimistic,'' said Norihiro Fujito, strategist at
Mitsubishi UFJ Securities Co. in Tokyo.


Read more at Bloomberg Stocks News

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