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Market Update

Asian Markets Pare Losses But Still Weak

Asian markets pared early losses and traded mixed after a measure of China's factory activity showed an improvement for the month of October, rising to a seven-month high.

The Nikkei was up 0.4%. The Shanghai Composite gained 0.7% while the Hang Seng declined 0.7%. The Sensex gained 0.9% and the All Ordinaries edged up 0.3%.