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Asia Daily Flash | 14 March 2013: China formally announces new President; Korea leaves rates on hold; India WPI rises

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Published on Thursday, March 14, 2013

Asia Daily Flash | 14 March 2013: China formally announces new President; Korea leaves rates on hold; India WPI rises

China elected new President today. Shanghai Composite and Hang Seng index were both up 0.3%. Nikkei rose by 1.2% after PM Shinzo Abe's nomination of BoJ’s governor was approved by the lower house.