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The Independent UK

National

Via AP news wire

Asian stocks mixed after US job gain paves way for rate hike

Asia United States US Federal Reserve Inflation China

Copyright 2022 The Associated Press. All rights reserved.

Asian stocks were mixed Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits.

Shanghai and Tokyo advanced while Hong Kong and Seoul retreated. Oil prices edged higher.

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