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Overnight Markets: Most US stocks gain despite Apple’s slump
Markets
by Himanshu Singh on Jan 25, 2013 at 03:52
The MSCI Asia Pacific Index rose 0.4% to 132 as of 10:52 a.m. in Tokyo. Japan’s Topix Index gained 1.7% today, set for its 11th weekly advance, the longest such winning streak since January 1973.
Australia’s S&P/ASX 200 Index rose 0.5%, advancing for an eighth day, its longest winning streak in almost three years. Hong Kong’s Hang Seng Index rose 0.2% and China’s Shanghai Composite Index gained 0.3%.
South Korea’s Kospi Index lost 0.8% after Kia Motors Corp. joined larger affiliate Hyundai Motor Co. in posting falling profit last quarter.News sponsored by:
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Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
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