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THE KLSE and most major Asian markets ended on a positive note yesterday, buoyed by expectations of better things to come. The markets rose following Wall Street's overnight gains on news that the US economy grew at 2.4% in the second quarter, which far exceeded economists' forecasts of 1.5%.
Australia's News Corp. has offered to buy a 20 percent stake in the Indian software arm of U.S.-based Hughes Electronics Corp., a news report said Monday.
The Nikkei Stock Average of 225 selected issues on the Tokyo Stock Exchange gained 120.28 points, or 1.25 percent, to close at 9,755.63. The index tumbled 320.35 points, or 3.22 percent, Friday.