Market news: Asia media round-up

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Market news: Asia media round-up

Australia rejects a bid for Oz Minerals by China’s Minmetals group on the grounds that some of its assets are situated in a sensitive military zone. Separately, Citi begins soliciting bids for Japanese brokerage Nikko Cordial, and New Zealand’s economy contracts at its fastest rate for 16 years in the fourth quarter of 2008.

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