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Sunday February 1, 2004

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Japanese market rally fuels profit at brokerages

Daiwa Securities Group and Nikko Cordial led third-quarter profit gains posted Thursday by Japan's three biggest brokerages.

New Zealand raises interest rate

New Zealand's central bank unexpectedly raised its key interest rate a quarter point Thursday.

Around Asia's Markets: Diseases give a lift to maker of gloves

Top Glove's shares tripled in 2003 as it raised production to 7.2 billion rubber and vinyl gloves, used by medical workers to examine infectious patients and in clean rooms in electronics plants.

Exports from H.K. rise 16% to 20 billion

Hong Kong's exports grew in December at their fastest pace in 11 months, figures showed Thursday.

Growth slows in Philippines as output slumps

Philippine economic growth slowed in the fourth quarter, figures showed Thursday, as industrial production and investment fell.

Honda's trademark push hints at new model for U.S.

Honda Motor has filed for at least 10 U.S. trademarks related to the Fit, a small car that ranks second in Japanese auto sales.

Vanda shares soar on Hutchison deal

The sale to Vanda, a Hutchison Whampoa affiliate, would make the unit publicly traded.