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View Full Version : Japanese Stocks Retreat as Oil, Metals Plunge; Sony Declines - Bloomberg



NewsWhore
06-23-2009, 12:30 AM
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Japanese Stocks Retreat as Oil, Metals Plunge; Sony Declines (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DaOCHi64JmUmU&cid=1265407390&ei=bF1AStvXCNqdlQfu7eCWBQ&usg=AFQjCNHeZC2SWEMGgPT6npXHAqxWntcGMA)
Bloomberg
A stronger local currency diminishes the value of overseas sales for Japanese companies when repatriated. Nikkei futures expiring in September retreated 3.1 percent to 9530 in Osaka and declined 3.1 percent to 9515 in Singapore.


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