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Asian Markets Broadly Advance |
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8:40 AM EST February 16 2006 |
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Asian-Pacific benchmarks finished higher, following oil prices drop and Fed Reserve Chairman Bernanke’s comment on further interest-rate increases. Taiwan Weighted index led the gainers with an advance of 1.44%. The Nikkei rose 0.84% with traders looking ahead to Friday’s GDP release. South Korea’s Kospi climbed 0.8% and Singapore Straits Times gained 0.63% on upbeat economic data. |
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