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July 22, 2008

Tokyo bourse hit by fresh systems glitch

The Tokyo Stock Exchange was forced to suspend derivatives trading for several hours Tuesday due to a computer system glitch, the latest in a series of technical problems at Asia’s largest bourse.

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ING Ups Melexis Target Price To EUR11.50

0824 GMT [Dow Jones] ING raises Melexis (MELE.BT) target price to EUR11.50 from EUR10.75 due to a general re-rating by investors of semiconductor stocks over past few months.

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