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Asian Markets
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Asian shares recover as outlook improves
Asian markets recovered nearly all the lost ground from Wednesday's equities retreat as Australian stocks led the region higher following a surge in the country's employment figures
KNOC stands firm on £1.87bn Dana bid
South Korea's national oil company rejects last-ditch appeal from Dana Petroleum to raise its £1.87bn hostile bid for the London-listed oil and gas group and says its £18-a-share offer is final
Regulator blocks NAB's A$13.3bn bid for Axa
National Australia Bank's long-running campaign to buy Axa Asia Pacific is on the verge of collapse after the lender's A$13.3bn bid is knocked back a second time by the Australian regulator
Yen keeps Japanese exporters under pressure
Japanese stocks suffered a sharp retreat as the renewed strength of the yen weighed on leading exporters, eroding the tentative mood of confidence seen last week
Taiwan investors flock to share receipts
Taiwanese investors have begun trading shares in a Chinese company on the island's stock exchange for the first time, a landmark development highlighting the extent to which relations between the two sides have improved
Japan start up bourse still awaits first listing
There are plans to breath life into the joint venture by Tokyo and London stock exchanges
Foster's rejects A$2.7bn bid for wine unit
Foster's has rejected an unsolicited A$2.7bn offer for its wine business from an international buy-out group, saying the proposal 'significantly' undervalues the unit
Vodafone selling China Mobile stake for £4.3bn
Vodafone has agreed to sell its entire stake to banks led by Goldman Sachs, Morgan Stanley and UBS, who will in turn sell the shares on to institutional investors
Shanghai stocks close to four-month high
Asia's stock advance pauses, but Shanghai equities buck the trend to record their highest levels in nearly four months
China enforces steel mill energy measures
Local-level implementation gives credence to national energy efficiency targets and raises stock prices in the sector on the prospect of supply cuts of up to 10 per cent in September
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Bangkok Best Hotel Deals
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