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Market Update

Asia Reverses Losses; China Drags

Asian stocks opened lower Thursday morning, tracking overnight Wall Street losses; but most indexes in the region managed to recover early losses by close.

Tokyo's Nikkei finished 1.2% higher as the yen lost ground against the dollar. Sydney's S&P/ASX All Ordinaries gained 0.3%. Mumbai's Sensex slipped 0.1% at 9:46 a.m. Indian Standard time.