Tuesday, May 29, 2012
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Asia Stocks, South Korea Won Gain on Global Recovery Confidence; Oil Drops

Asia Stocks, South Korea Won Gain on Global Recovery Confidence; Oil Drops
Asian stocks advanced, erasing the benchmark index’s losses this year, and South Korea’s won rose as investor confidence in the global recovery increased. Crude fell after Saudi Arabia’s oil minister signaled OPEC may bolster production to meet rising fuel demand.

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