Thursday, May 3, 2007

Asian Stocks Rise to Record on Metals, U.S. Economy; BHP, PetroChina Gain

(Bloomberg) -- Asian stocks climbed to a record, led by BHP Billiton Ltd., after metals prices gained and reports showed better-than-forecast productivity growth in the U.S., the world's largest economy.

Benchmarks in Australia, South Korea, Singapore, Malaysia and Indonesia rose to new highs, tracking advances in the Morgan Stanley Capital International Asia-Pacific excluding Japan Index. Markets in Japan and China were closed for public holidays.


Read more at Bloomberg Stocks News

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