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Shares in India's Siemens Ltd gain 1.24 percent. The company reported more than two-fold increase in its September quarter net profit. Margin improvement seen across all business verticals on a sequential basis.

Asian stocks edged up on Wednesday after data showing the U.S. economy growing at a relatively solid pace calmed investor anxiety over slowing global growth, while the Australian dollar languished near four-year lows against the dollar.

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