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Market Update

Asian Markets Pare Losses; End Mixed

Asian markets recouped early losses amid choppy trade and closed mixed Thursday after key economic data pointing to higher-than-expected inflation in China and a wider drop in core machinery orders in Japan dampened sentiment.

At close, the Nikkei was down 0.1%. The Shanghai Composite was up 0.1% while the Hang Seng ended flat. The Sensex added 0.9%. The ASP/ASX All Ordinaries was down 0.2%.