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Market Update

Asian Stocks Off Lows After China Data; Rupee Slides

Asian markets were off opening lows after data showed a rebound in Chinese manufacturing activity.

The Nikkei was down 0.3%. The Shanghai Composite edged up 0.1% while the Hang Seng remained 0.7% lower. The Sensex traded flat while the S&P/ASX All Ordinaries was down 0.5%.