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Market Update

Asian Stocks Start Higher

Asian markets started the week on a positive note Monday after weak housing data in the U.S. last week eased some fears the U.S. central bank would trim stimulus measures next month.

Leading the gains, China's Shanghai Composite rallied 1.4% while Hong Kong's Hang Seng and Mumbai's Sensex both added 0.9% each while Sydney's S&P/ASX All Ordinaries added 0.3% at 9:40 a.m. Indian Standard Time.