Friday, July 13, 2007 4:44 pm | 
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Japanese stocks rise as higher U.S. retail sales spark rally
Japanese shares rose after better-than-expected sales by U.S. retailers eased concern a housing slump will curb consumer spending in the world’s biggest economy.
[BLOOMBERG]
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While low-cost carriers have since long been successfully operating throughout the U.S., Europe, and southern Asia, Japan has seen very little of the low-price action.
