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The Independent UK

National

Joe McDonald

Asian shares mixed on hopes for avoiding recession

Recession Inflation Interest Rates

Copyright 2023 The Associated Press. All rights reserved

Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest rates to cool inflation.

Hong Kong and Seoul advanced. Tokyo declined. Markets in China, India and Australia were closed for holidays.

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One subscription that gives you access to news from hundreds of sites

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