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Japan tax hike delay hope lifts shares

Japanese shares are trading higher on Monday, on hopes the government will delay a planned hike in the nation's sales tax.

Shares in the publisher of the Daily Mail fall 8% after falling advertising income hits half-year profits.

The London market edges higher at the start of trade, but shares in the Daily Mail's parent company slide after it reports falling profits.

Shares in Japanese air bag maker Takata jump 20% following a report that US private equity firm KKR could take a majority stake in the company.

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