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China Shares Recover Some Losses



Shares in Japan surged Monday to post their biggest gain since September, as investors bought up recently battered financial stocks and the Japanese yen continued to ease from its strongest levels against the U.S. dollar in more than a year.

The Nikkei Stock Average closed up 7.2% at 16022.58, reversing the bulk of its 11% loss last week, which had been the benchmark’s biggest weekly percentage drop since October 2008.

The…



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