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Asian markets mixed ahead of Fed rate announcement

BEIJING — Asian stock markets were mixed Wednesday after a cooler reading on U.S. inflation fueled hopes the Federal Reserve will postpone a possible interest rate hike.

The Nikkei 225 in Tokyo advanced 0.9%. The Hang Seng HK:HSI in Hong Kong was flat and the Shanghai Composite Index CN:SHCOMP rose 0.1%.

The Kospi KR:180721 in South Korea…

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