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Title
Companies in the news.
Abstract
The article offers news briefs related to the Asian companies. Wal-Mart Stores Inc. has agreed to China's demand of wage increase in several cities. The deadline for HSBC to buy a controlling stake in Korea Exchange Bank from U.S-based Lone Star for $6.3 billion was expired. Toyota Motor Corp. slashed its 2008 global sales forecast from 9.8 million vehicles to 9.5 million due to the crises in the U.S., Japanese and European markets.