Tuesday, July 3, 2007

Asian Stocks Rise in U.S. Trading, Led by Chalco, PLDT; Unicom Advances

(Bloomberg) -- Asian stocks gained in U.S. trading
after Aluminum Corp. of China Ltd. agreed to buy Baotou Aluminium
Co. and China Unicom Ltd. said it plans to start a music-
downloading service to attract mobile-phone subscribers.

The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, advanced for a fifth day,
adding 0.4 percent to 171.23 in half-day trading. U.S. markets
closed early today and will be shut tomorrow for the Independence
Day holiday.


Read more at Bloomberg Stocks News

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