Asian Markets Mostly Higher Despite Weak Cues

Asian stock markets are trading mostly higher on Tuesday, despite the mostly negative cues from European markets overnight, as stocks in the region rebounded after the recent sell-off with traders picking up some stocks at a bargain, even as continuing concerns remain over the outlook for interest rates and potential recession on fears of energy rationing in Europe. Asian markets closed mixed on Monday.

The fears over energy rationing in Europe as winter approaches followed Russia's decision to extend a halt on gas flows through the Nord Stream 1 gas pipeline.

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by RTTNews Staff Writer

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