Japanese Stocks Rise on Jump in US Orders
May 29th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsJapanese stocks have risen on news that US orders for durable goods rose in April. This from Bloomberg:
Sony Corp., which gets a quarter of its sales from the U.S., sent electronics makers higher, while Canon Inc. jumped the most in a month. Mazda Motor Corp., which exports 80 percent of domestic production, led a gain by carmakers after the yen weakened against the dollar.