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Asian stocks rose, with the regional index rebounding from its biggest drop in six months, after Premier Wen Jiabao said China will focus more on bolstering economic growth.
Nikkei 225 8,633.89 +22.58 +0.26%
S&P/ASX 200 4,073.6 +27.14 +0.67%
Shanghai Composite 2,348.3 +3.78 +0.16%
China Overseas Land & Investment Ltd., a developer controlled by the nation’s construction ministry, rose 1.5 percent in Hong Kong.
BHP Billiton Ltd. climbed 2 percent in Sydney after RBC Capital Markets said the world’s largest mining company may start a new share buyback.
Nintendo Co., a manufacturer of game consoles that gets a third of its sales in Europe, fell 1.2 percent in Tokyo. OCI Co., a petro and coal chemicals maker, slumped 4.4 percent in Seoul after delaying expansion plans because of Europe’s debt crisis.
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