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Asian Stocks Modestly Rise, First Gain in Nine Days

|Includes: iShares MSCI Emerging Markets ETF (EEM)
"Jan. 28 (Bloomberg) -- Asian stocks snapped their longest losing streak since 2004, U.S. index futures climbed and the dollar strengthened after Federal Reserve policy makers said America’s economy is in a recovery...The MSCI Asia Pacific Index rose 0.6 percent to 118.83 at 4:30 p.m. in Tokyo, the first gain in nine days...The MSCI Asia Pacific Index sank 6.9 percent in the past eight days as Obama proposed measures to limit risk taking at banks and as concern grew China will rein in growth. The equity gauge is still 42 percent higher from a year ago."