Akio Yoshino News
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Japan’s Nikkei 225 Stock Average climbed for a sixth day after the yen weakened amid speculation the Bank of Japan will add stimulus at a meeting next week. The gauge fell earlier as companies including Mitsubishi Corp. cut profit forecasts.
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Japanese stocks advanced, with the Topix Index rebounding from its steepest drop since May, after a report of declining Chinese industrial profits fanned bets policy makers will take steps to buoy Asia’s biggest economy.
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Asian stocks rose a seventh day, sending the benchmark index to its longest winning streak since January 2011, after the Federal Reserve said it will buy mortgage-backed securities to bolster economic growth.
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Asian stocks gained this week, with the regional benchmark index posting its biggest weekly advance since December, after the Federal Reserve said it will buy mortgage-backed securities to bolster economic growth.
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Asian stocks tumbled, dragging down the MSCI Asia Pacific Index by the most in 14 months after a U.S. jobs report missed economist estimates and concern grew that Europe’s sovereign-debt crisis is spreading.
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Japan’s 10-year bonds rose, with yields matching a seven-year low, after the Bank of Japan pledged to expand its balance sheet and lowered interest rates.
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Japanese shares dropped for a fourth day after the Dutch prime minister resigned over austerity measures, deepening concern over Europe’s debt crisis, and a leading gauge of China’s economic growth slowed.
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Asian stocks fell for a second week after a U.S. jobs report missed economist estimates and concern grew that Europe’s crisis of government debt is spreading.
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Japanese stocks reversed losses after a survey indicated China’s manufacturing may contract at a faster pace in August, boosting expectations for stimulus. Shares fell earlier on a strengthening yen.
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Japanese bonds rose, pushing benchmark 10-year yields to the lowest level since 2003, amid speculation the government will persuade the central bank to take further measures to keep borrowing costs low.
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