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Thursday, November 22, 2012

Asian shares rise on firm China, U.S. factory data

A Tokyo Stock Exchange employee looks up at a monitor displaying market indices at the bourse in TokyoTOKYO (Reuters) - Asian shares rose on Thursday as a survey showed China's manufacturing sector expanded for the first time in 13 months in November, adding to optimism after firm U.S. factory data that the global growth slowdown may have turned a corner. MSCI's broadest index of Asia-Pacific shares outside Japan extended early gains to rise 0.8 percent to a one-week high. Regional equities markets had already been buoyed by recovering risk appetite on easing tension in the Middle East and hopes that a Greece bailout will be agreed next week. Resources-sensitive Australian shares surged 1. ...



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