Asian Shares Mostly Higher Despite Weak Chinese Data

Asian stocks ended Wednesday's session broadly higher despite weak data from China and worries about the worsening Covid-19 situation in the country. Investors also awaited U.S. Federal Reserve Chair Jerome Powell's speech later in the day for interest rate clues.

China's Shanghai Composite Index fluctuated before finishing marginally higher at 3,151.34 as hopes of China eventually reopening its economy offset disappointing factory and services sector data.

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by RTTNews Staff Writer

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