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Asian Stocks Jump as Yen Weakens on U.S. Payrolls; Oil Retreats

Sunday, August 5, 2012

WN.com - Asia News
Latest headlines from WN Network
Asian Stocks Jump as Yen Weakens on U.S. Payrolls; Oil Retreats
Aug 6th 2012, 02:22

Asian stocks rose for the first time in four days and the yen weakened after U.S. payrolls climbed more than forecast, and China's central bank reiterated it will ensure credit growth. Oil declined. The MSCI Asia Pacific Index (MXAP) added 1.2 percent as of 9:35 a.m. in Tokyo. The Nikkei 225 Stock Average rose 1.8 percent after Toyota Motor Corp. reported domestic...
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