Monday, April 23, 2007

Japan Shares Fall, Led by Chemical Shares, Toyota, Exporters on Oil Price

(Bloomberg) -- Japanese shares fell, led by chemical makers including Sumitomo Chemical Co., after a jump in the price of oil raised concern manufacturing costs will rise and Kao Corp. forecast profit will decline this business year.

Toyota Motor Corp. and other exporters dropped on speculation higher fuel costs will curb spending in the U.S., Japan's largest overseas market.


Read more at Bloomberg Stocks News

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