Thursday, May 31, 2007

Asian Stocks Rise to Record on Federal Reserve's U.S. Outlook; China Gains

(Bloomberg) --Asian stocks rallied to a record after
the U.S. Federal Reserve predicted growth will pick up in the
world's biggest economy.

Sony Corp. and Samsung Electronics Co. paced gains among
exporters. China's CSI 300 Index rebounded after a slide
yesterday that wiped out $161 billion of market value.


Read more at Bloomberg Stocks News

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