Monday, June 25, 2007

Asian Stocks Fall for a Third Day on U.S. Spending Concern; Honda Drops

(Bloomberg) -- Asian stocks fell for a third day on
concern a slump in U.S. housing will curb spending in the
region's biggest export market.

Honda Motor Co., which made more than half its sales in
North America last year, and Hon Hai Precision Industry Co.,
whose customers include Apple Inc., led declines after sales of
previously owned homes fell to the lowest in almost four years.


Read more at Bloomberg Stocks News

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