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Asian stocks fell as Hyundai Motor Co. and Kia Motors Corp. slid on findings they overstated claims about gas mileage. Trading volume in the region was below average before tomorrow’s U.S. presidential election.
Nikkei 225 9,007.44 -43.78 -0.48%
S&P/ASX 200 4,474.12 +14.07 +0.32%
Shanghai Composite 2,114.03 -3.02 -0.14%
Hyundai and Kia slumped more than 6 percent in Seoul after saying they will compensate U.S. customers for overstating the fuel efficiency of their latest cars.
Sharp Corp. slid 6.7 percent on speculation the Japanese TV maker will seek a bailout after forecasting a record loss.
Foxconn International Holdings Ltd. surged 38 percent in Hong Kong on speculation it will win orders to manufacturer parts for Apple Inc.’s iPhone 5.
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