Cybersecurity
Japan Stocks Swing Between Gains, Losses on U.S. Economy Concern
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Japanese stocks swung between gains and losses amid speculation shares are oversold, and as comments by the Group of Eight nations tempered concern that a U.S. economic recovery is slowing.
Sony Corp., the maker of Bravia televisions, fell 2.1 percent after a report showed U.S. home-buying plunged more than forecast and the yen advanced against the dollar. Honda Motor Co., Japan’s No. 2 automaker, dropped 1.3 percent after hackers accessed personal data of customers in Canada. Sumitomo Realty & Development Co., Japan’s third-biggest developer, rallied 1.2 percent after being raised to “overweight” from “equal-weight” at Barclays Capital.