Market news: Asia media round-up

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Market news: Asia media round-up

Singapore and Taiwan report record first-quarter contractions, while Chinalco strives to recast a deal to limit its proposed stake in Rio Tinto to secure regulatory approval. Separately, Tata Motors is expected to gain bank approval to roll over US$1 billion in debt, and Hutchison Whampoa reveals that it will float shares on the Chinese market when authorities finalise guidelines.

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