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View Full Version : Most Asia Stocks Fall as Yen Drags Japan Before HK Open - Bloomberg



NewsWhore
04-03-2012, 06:00 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGUyJHkQnbzIacmRFSs0Ue3hlZhCQ&url=http://www.bloomberg.com/news/2012-04-03/asian-stocks-gain-as-u-s-manufacturing-beats-estimates.html)


Most Asia Stocks Fall as Yen Drags Japan Before HK Open (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGUyJHkQnbzIacmRFSs0Ue3hlZhCQ&url=http://www.bloomberg.com/news/2012-04-03/asian-stocks-gain-as-u-s-manufacturing-beats-estimates.html)
Bloomberg
The currency weakened after the Bank of Japan in February set an inflation goal of 1 percent and decided to buy more government bonds. The rising yen “drags down shares as it has the greatest impact on manufacturers' earnings,” said Masaru Hamasaki, ...

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