Asian stocks ended Thursday's session mostly lower as investors reacted to a mixed bag of corporate earnings from Japan and signs of growing deflationary pressures in China. The impasse over the U.S. debt ceiling overshadowed softer-than-expected U.S. inflation data.
A measure of Chinese consumer price inflation reached its lowest level in more than two years in April and factory gate deflation deepened, raising fresh worries about weak demand in the country.
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