Asian Market Updates

Asian Shares Mostly Higher As Apple Beats Estimates

Asian stocks ended broadly higher on Friday as Apple's impressive earnings helped spur some bargain hunting at lower levels after a big sell-off earlier this week amid hawkish Fed comments.

Chinese shares fell to close at a 16-month low ahead of next week's Lunar New Year holiday. The Shanghai Composite Index dropped 32.81 points, or 1 percent, to 3,361.44 despite state-backed newspapers and fund houses trying to calm investor nerves.

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by RTTNews Staff Writer

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