Asian stocks fell after crude oil prices rose for a fifth day in New York. NTT DoCoMo, Japan's second-largest stock by market value also dropped 1.7 percent to 169,000 yen. Kia Motors Corp., South Korea's second-biggest automaker, lost 1.2 percent to 12,600 won.
However in the after-hours electronic trading on the New York Mercantile Exchange Crude oil for June delivery rose as much as 1 percent to $52.55.
Komatsu, the world's second-biggest maker of construction equipment, climbed 8.7 percent to 824 yen. The company forecast profit will rise a further 22 percent to 72 billion yen after posting a more than twofold jump in the year ended March, as it sold more earthmoving machines, backhoes and bulldozers. However United Microelectronics Corp slipped in Taiwan after the company said sales in April tumbled 31 percent from a year earlier.
10-May-05 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}