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Asia Daily Flash | 28 January 2013: Japan releases FY13 budget, ups 2013 GDP forecast; Rising China industrial profits boost sentiment

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Published on Monday, January 28, 2013

Asia Daily Flash | 28 January 2013: Japan releases FY13 budget, ups 2013 GDP forecast; Rising China industrial profits boost sentiment

China, Hong Kong and Taiwan’s shares all advanced on strong Industrial Profits data released in China. Japan’s Nikkei ended down (-0.9%) on questions about the pace of further yen depreciation.