Sunday, June 17, 2007

Nikkei may climb on U.S. stock gains, softer yen

(Reuters) - Japan's fourth-largest bank is in talks to issue about 100 billion yen worth of preferred shares to Dai-Ichi Mutual Life Insurance Co. to help it repay public funds, financial sources said.




"The Nikkei is likely to have a strong start after U.S. stocks continued to rise and following the softer yen," said Kazuhiro Takahashi, a general manager in the equity marketing department at Daiwa Securities SMBC.


Read more at Reuters.com Hot Stocks News

No comments: