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| Version 1 | Version 2 |
|---|---|
| Asian shares track Wall Street higher | Asian shares track Wall Street higher |
| (about 2 hours later) | |
| Most Asian markets headed higher on Tuesday, recovering the previous session's losses after taking a positive lead from Wall Street. | Most Asian markets headed higher on Tuesday, recovering the previous session's losses after taking a positive lead from Wall Street. |
| US stocks closed up despite mixed economic data - manufacturing activity slowed but construction spending hit a seven-and-a-half year high. | US stocks closed up despite mixed economic data - manufacturing activity slowed but construction spending hit a seven-and-a-half year high. |
| But gains were capped as investors awaited Friday's jobs report for clues on the timing of an interest rate hike. | But gains were capped as investors awaited Friday's jobs report for clues on the timing of an interest rate hike. |
| Australia's S&P/ASX 200 index closed up 1.4% at 5,239.20 points. | Australia's S&P/ASX 200 index closed up 1.4% at 5,239.20 points. |
| Shares ended higher despite the central bank's decision not to cut interest rates from a record low of 2%. | Shares ended higher despite the central bank's decision not to cut interest rates from a record low of 2%. |
| However, the Reserve Bank of Australia (RBA) did hint that there was room for more easing in the near future given subdued inflation. | However, the Reserve Bank of Australia (RBA) did hint that there was room for more easing in the near future given subdued inflation. |
| Japanese markets were closed for a national holiday. | Japanese markets were closed for a national holiday. |
| Chinese markets were mixed with the Shanghai Composite closing down 0.25% at 3,316.70, while Hong Kong's Hang Seng index finished the trading day up 0.89% at 22,568.43. | |
| Hong Kong-listed shares of the Asia-focused UK bank, Standard Chartered, closed down 3.4% after the lender said it was to cut 15,000 jobs and raise $5.1bn (£3.3bn) through a rights issue. The bank is seeking to shore up its balance sheet and restructure its business. | |
| South Korea's Kospi index ended up 0.7% at 2,048.40 after government data showed that inflation hit an 11-month high in October. | South Korea's Kospi index ended up 0.7% at 2,048.40 after government data showed that inflation hit an 11-month high in October. |
| October's consumer price index was 0.9% higher from a year ago, compared with September's reading of 0.6%. | October's consumer price index was 0.9% higher from a year ago, compared with September's reading of 0.6%. |