Friday, July 27, 2007

Asian Stocks Fall in U.S., Giving Shares Biggest Weekly Loss Since March

(Bloomberg) -- Asian stocks trading in the U.S.
fell, completing their biggest weekly drop in more than four
months. Chartered Semiconductor Manufacturing Ltd. slipped after
posting its first loss in seven quarters.

The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, lost 0.8 percent to
164.78. For the week, the measure declined 3.8 percent, the most
since the period ended March 2.


Read more at Bloomberg Stocks News

No comments: