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Asian Futures Climb as Baidu Jumps; Yen, Gold Hold Losses
Most Asian index futures rose, as the Standard & Poor’s 500 Index extended its record and Baidu (BIDU) Inc. jumped in extended U.S. trading after posting better-than-estimated earnings. The yen held declines with gold after core Japanese inflation came in as economists expected. Futures on indexes from Australia to Hong Kong added at least 0.1 percent, while Nikkei 225 Stock Average futures rose in the Osaka pre-market and fell in Chicago. S&P 500 futures lost 0.1 percent by 8:40 a.m. in Tokyo, after the gauge closed at a new all-time high of 1,987.98. Baidu, owner of China’s largest Internet search engine, ... (full story)