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Tokyo News

• Asian Stocks Jump as Yen Drops Before Fed; Metals Advance

  Updated 11 minutes ago

  Asian stocks rallied and the yen extended declines against major currencies on prospects the Federal Reserve will signal the fate of U.S. monetary stimulus at the end of its policy meeting today. Oil jumped to a nine- month high and metals and rubber advanced.

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  Japan’s Exports Surge by Most Since 2010 in Boost for Abenomics

  Updated 2 minutes ago

  Japan’s exports surged by the most since 2010 as the yen weakened and shipments to the U.S. jumped, boosting Prime Minister Shinzo Abe’s campaign to revive the world’s third-largest economy.

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  Asian Stocks Rise as Topix Jumps on Japanese Exports

  Updated 5 minutes ago

  Asian stocks rose as investors awaited the outcome of a Federal Reserve policy meeting and Japanese exporters rallied after the nation’s shipments increased more than analysts estimates.

• Dollar Gains for Third Day Versus Yen Before Bernanke Comments

  Updated 12 minutes ago

  The dollar rose for a third day versus the yen amid speculation Federal Reserve Chairman Ben S. Bernanke will today provide more information about when U.S. policy makers will start to reduce bond purchases.

• Aussie Dollar Falls a Fourth Day Versus Greenback as FOMC Meets

  Updated 6 minutes ago

  The Australian dollar extended losses to a fourth day against the greenback before the Federal Reserve concludes a policy meeting today.

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  Dish to Let Sprint’s Deadline Expire Without Making New Bid

  Updated 6 minutes ago

  Dish Network Corp. won’t make a new offer for Sprint Nextel Corp. by the mobile-phone carrier’s deadline tonight, leaving SoftBank Corp. as the main contender to acquire the wireless company.

• Asian Stock Futures Climb as Yen Weakens Before Fed Meeting Ends

  Updated 57 minutes ago

  Stock futures in Japan, Hong Kong and Australia climbed as the yen weakened and as investors awaited the outcome of a Federal Reserve policy meeting for clues to the U.S. central bank’s plan for stimulus.

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  Asian Futures Tip Gains as U.S. Jumps on Fed; Gas Rallies

  Updated 59 minutes ago

  Asian equity futures rose, indicating shares from Japan to Australia may follow U.S. stocks higher, on prospects the Federal Reserve will signal the fate of monetary stimulus after its meeting today. The yen held declines, while natural gas and gasoline gained.

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  Rubber Poised for Record Glut as Shippers End Curbs: Commodities

  Updated 57 minutes ago

  Rubber is headed for the biggest glut on record, prolonging the bear market that began in April, as supply exceeds demand for a third year and Southeast Asian exporters ended curbs on shipments.

• Japan Seen Ending Protectionism, Avoid ‘Second-Rate’ Role

  Japan sees an urgency in overhauling policies that favor domestic industries as it seeks to revive the economy and join talks on a Pacific-region trade deal, the government’s ambassador to the U.S. said.

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