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Market Update

Asian Stocks Extend Losses; China Data, Fed in Focus

Asian markets declined Thursday after a weaker-than-expected Chinese manufacturing data dented confidence and as investors feared the U.S. Federal Reserve was set to roll back monetary stimulus.

But Japanese stocks managed to stay afloat. At 11:45 a.m. Tokyo time, the Nikkei was up 0.2% while the Shanghai Composite also edged up 0.1%.