London Markets: FTSE gains, boosted by Vodafone, Rolls-Royce
The U.K.’s benchmark stock index ends higher, as Vodafone Group PLC rallies on industry-consolidation news, while broker upgrades boost Rolls-Royce Group PLC and Weir Group PLC.

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Sensex gives up gains, closes dull
A benchmark index for Indian equities markets Wednesday gave up its gains and closed on a sombre note.

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Hong Kong shares down for 2nd week, Shanghai up on small-cap gains
* Hang Seng Index falls 0.7 percent, posts 2nd weekly loss

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Taiwan stocks end higher; financials lead gains
TAIPEI, Dec 27 (Reuters) – Taiwan stocks rose 0.35 percent on Monday, led by gains in financial shares including Shin Kong Financial Holding on expectations the central bank follows China to raise interest rates which will boost earnings.

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Yuan Leads Asia Gains as Inflation Coincides With G-20 Calls: China Credit
China is allowing the yuan to lead Asian currency gains this week as it struggles to contain the fastest inflation in two years and faces calls for more balanced global trade at a Group of 20 nations’ summit.

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Cevital to Boost Sugar Refining Capacity 25% as India, Sudan Demand Gains
Cevital, Algeria’s biggest sugar producer, plans to expand its Bejaia refinery by 25 percent next year to tap rising international demand for the commodity, Chief Executive Officer Issad Rebrab said.

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Indian rupee weakens on share losses, dlr gains
* Stocks face fatigue after rally; eyed for cues on flows

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Indian rupee rises on share gains; policy awaited
* Foreign fund buying of local shares boosts rupee

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Indian rupee strengthens on export dlr sales, share gains
* Mild stock rise in late trade, dlr’s broad losses support

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Indian rupee erases gains on dlr buying by refiners
* Yen stronger vs U.S. unit; dollar index flat

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