(Bloomberg) -- Japanese shares fell on lingering
concern that losses tied to U.S. subprime mortgages will curb
growth in the world's biggest economy. Honda Motor Co. and
Komatsu Ltd. which rely on sales there, paced losses.
U.S. stocks fell for a second day yesterday on speculation
hedge fund losses are greater than forecast and after a report
showed sales of previously owned homes declined in May.
Read more at Bloomberg Stocks News
concern that losses tied to U.S. subprime mortgages will curb
growth in the world's biggest economy. Honda Motor Co. and
Komatsu Ltd. which rely on sales there, paced losses.
U.S. stocks fell for a second day yesterday on speculation
hedge fund losses are greater than forecast and after a report
showed sales of previously owned homes declined in May.
Read more at Bloomberg Stocks News
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