TOPWRAP 2-Improving global data boosts recovery hopes, stocks up


* Japanese exports rise month-on-month, China demand improves * GM bondholders reject debt-for-equity swap, bankruptcy near * BHP chief wary of commodity demand picture * Asian stocks jump to 7-mth high, Europe set to rise (For more on the global crisis, click [nCRISIS]) By Stanley White TOKYO, May 27 (Reuters) - Signs of modest recovery in Japanese exports added to recent evidence that the world is beginning to emerge from its worst financial crisis in decades, reigniting a rally ...

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