Thursday, June 28, 2007

GLOBAL MARKETS-Stocks regain poise, yen down as risk bid again

(Reuters) - Over the past week, concerns had grown that the fallout from
the U.S. subprime mortgage sector could raise borrowing costs
for companies, squeeze liquidity and spread to the wider
economy.




This weighed on investor risk appetite, whose high levels
had pushed stocks to a record high earlier in June and drew
yen-funded capital into high-return assets.


Read more at Reuters.com Economic News

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