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Published on Thursday, January 24, 2013

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Asia Daily Flash | 24 January 2013: China Flash PMI rises to two-year high; Korea 4Q GDP confirms modest upturn; Japan: record trade deficit for 2012

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Summary

The yen weakened to 89.6/USD as officials defended recent policy moves against accusations of competitive devaluation. Asian data released today were generally positive, confirming an ongoing pickup.

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