GLOBAL MARKETS-Credit market woes haunt investors, stocks fall

(Reuters) - European and Japanese shares were lower. Euro zone
government bond yields were flat. Oil prices extended gains
above $76 a barrel.




The crisis in the U.S. subprime -- or risky -- mortgage
market has been stalking investors for the past few weeks,
rattling stocks, widening credit spreads, undermining the dollar
and driving money into safe havens.


Read more at Reuters.com Bonds News

Japan's Shares Climb for Sixth Day; Sony Gains on Yen, Retailers Advance

(Bloomberg) -- Japanese shares advanced for a sixth
day. Sony Corp. led gains on speculation exporters' profits
increased in the three months ended in June, aided by a weak yen.

Retailers climbed, led by Seven & I Holdings Co. after
companies including Aeon Mall Co. reported higher income in the
first quarter.


Read more at Bloomberg Stocks News

Japan Stocks Drop, Paced by Exporters, Honda, Komatsu, on Subprime Concern

(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

Japan's Stocks May Rise, Led by Sony on Stronger-Than-Expected U.S. Growth

(Bloomberg) -- Japanese shares may gain after reports
showed employment and manufacturing growth in the U.S., Japan's
largest overseas market, expanded more than expected. Exporters
such as Sony Corp. may pace advances.

U.S. companies hired last month at almost twice the pace in
April and manufacturing unexpectedly accelerated in May as orders
picked up, while inflation climbed less than economists forecast.


Read more at Bloomberg Stocks News

Japanese Shares Gain, Led by Toyota; Nippon Mining, Metals Producers Climb

(Bloomberg) -- Japanese shares gained, led by
automakers, on speculation Toyota Motor Corp.'s U.S. sales rose
in May and that the company will report higher-than-estimated
earnings for the first three months of this business year.

Denso Corp. and Aisin Seiki Co., Toyota affiliates that
make auto parts, jumped. Nippon Mining Holdings Inc. and Mitsui
& Co. advanced after prices of crude oil and metals climbed.


Read more at Bloomberg Stocks News

Japanese Shares Advance, Paced by Toyota; Inpex, Metals Producers Climb

(Bloomberg) -- Japanese shares gained, led by
automakers, on speculation Toyota Motor Corp.'s U.S. sales rose
in May and that the company is likely to report higher-than-
estimated earnings for the first three months of this business
year.

Denso Corp. and Aisin Seiki Co., auto-part maker affiliates
of Toyota, jumped. Inpex Holdings Inc. and Mitsui & Co. advanced
after prices of crude oil and metals climbed.


Read more at Bloomberg Stocks News

Japanese Stocks May Advance on U.S. Confidence, Yen; Sharp May Lead Gains

(Bloomberg) -- Japanese shares may advance after U.S.
consumer confidence unexpectedly rose this month and the yen
weakened against the dollar and euro. Sharp Corp may lead gains
by exporters.

The Standard & Poor's 500 Index posted the longest weekly
streak of gains since 2004. The U.S. is Japan's largest overseas
market and a weaker yen means Japanese exporters get more for
their overseas sales when they are converted back to local
currency.


Read more at Bloomberg Stocks News