Thursday, June 28, 2007

Asian Shares Climb for a Second Day on Earnings Outlook; Toyota Advances

(Bloomberg) -- Asian stocks climbed for a second day,
led by Sony Corp., after Japan's household spending rose and its
jobless rate stayed at a nine-year low, signaling strengthening
demand in the region's biggest economy.

Toyota Motor Corp. advanced to a three-month high as the yen
weakened and UBS AG and Goldman, Sachs & Co. said the outlook for
Japan's auto industry is improving. Japanese retailers gained
after the Nikkei newspaper said Seven & I Holdings Co. may report
higher operating profit.


Read more at Bloomberg Stocks News

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