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Market Update

Asian Markets Mostly Higher; Nikkei Bucks Trend

Asian markets were mostly higher Thursday even as the markets pared some gains after data showed Chinese consumer inflation rose slightly more than expected in January.

The Nikkei fell 1.4%. The Shanghai Composite was up half a percent while the Hang Seng was up 0.4%. The Sensex slipped 0.1% while the All Ordinaries traded 0.7% higher.