21. Foreign investors are primarily buying shares in companies with strong export earnings. 22. GERMAN shares rose in electronic trading, boosted by expectations of stronger export earnings as the dollar gained against the German mark. 23. German shares rose, led by Siemens AG and Hoechst AG, as a rising dollar boosted expectations of increased German export earnings. 24. Japanese stocks rose, led by electronics and automakers such as Sony Corp., Advantest Corp. and Honda Motor Co. as a stronger dollar boosted optimism about export earnings. 25. Japanese stocks were mixed as auto shares, such as Toyota Motor Corp., gained on optimism for strong export earnings. 26. Lingering concern that rates are going up also hurt stocks, as did a weakening dollar, which threatens export earnings. 27. Lower Asian demand will cut prices for copper, pulp, fishmeal and most other commodities Chile exports, reducing export earnings. 28. Mexico had plenty of income from export earnings to service the interest on its dollar-denominated debt, but nonetheless lost the confidence of private lenders. 29. Oil export earnings are expected to be the major contributor. 30. Other automakers, whose export earnings also depend on the value of the U.S. currency, were mixed. |
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