Market news: Asia media round-up

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Market news: Asia media round-up

India’s Congress party claimed a decisive victory in parliamentary polls, while Mizuho said it would raise capital to bolster its balance sheet. Hong Kong promised stimulus measures after figures showed its economy shrank 4.3% in the first three months, while BoA-Merrill Lynch promoted two veterans to head its Asia-Pacific M&A division to succeed the outgoing Kalpana Desai.

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