Asian markets mixed after Wall St gains as inflation fears ease


HONG KONG (AFP): Asian markets were mixed Thursday (Jan 13) as traders fought to maintain the previous day's upward momentum, though data suggesting that US inflation may be stabilising provided some fresh cheer.

The Labour Department said prices rose seven percent on-year in December, the fastest rate since 1982, as supply snarls and energy costs were compounded by surging demand from Americans returning to normal life.

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