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Asian stocks fell, with the regional benchmark index heading for a second day of decline, as a drop in profits at Chinese industrial companies offset optimism policy makers around world will move to boost growth.
Nikkei 225 9,085.39 +14.63 +0.16%
S&P/ASX 200 4,343.7 -5.30 -0.12%
Shanghai Composite -36.40 -1.74%
Jiangxi Copper Co., China’s biggest supplier of the metal, slid 1.9 percent in Hong Kong.
Samsung Electronics Co. slumped 7.5 percent in Seoul after a U.S. jury ruled that the world’s No. 1 maker of smartphones infringed Apple Inc. (AAPL) patents.
Olympus Corp., the world’s largest manufacture of endoscopes, rose 4.4 percent in Tokyo after agreeing to sell unit ITX Corp.’s telecommunications business for 53 billion yen ($673 million).
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