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Asia Daily Flash | 6 June 2012: Australia’s GDP surged in Q1; China announces a new timetable for implementing Basel III

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Published on Tuesday, June 5, 2012

Asia Daily Flash | 6 June 2012: Australia’s GDP surged in Q1; China announces a new timetable for implementing Basel III

A better-than-expected GDP outturn in Australia provided a welcome lift to sentiment, with the regionâ€™s stock markets up for a second consecutive day (except for China).