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China Lulls, Rest of Asia Moves Up

In Asia, the picture appeared more positive overall for stocks Thursday.

In Japan, the Nikkei 225 regained 139.01 points, or 0.7%, to 21,646.55.

In Hong Kong, the Hang Seng Index gained 47.94 points, or 0.2%, to 26,109.41

Shares of Japan's largest bank, Mitsubishi UFJ Financial Group, fell 1.4% after the New York Times reported that U.S. prosecutors are said to be investigating the lender's systems to track money laundering.

Oil-related stocks in Asia were mixed on the back of Thursday's slip in crude prices.

In Japan, shares of JXTG rose 2.2% while Fuji Oil jumped more than 7%. Japan Petroleum Exploration, on the other hand, slipped by 0.7% and Inpex was lower by 2.6%

The moves in Tokyo came after Japan's core consumer prices saw a gain of 1% on a year-on-year basis, in line with expectations from economists

The Japanese yen was at 113.06 against the U.S. dollar after weakening from around the 112.7 handle yesterday.

Over in South Korea, S-Oil fell 0.5% while SK Innovation rose 1%

In Australia, the heavily weighted financial sub-index advanced 0.8%, with shares of Australia's so-called Big Four banks seeing gains.

Australia and New Zealand Banking Group rose 1.3%, Commonwealth Bank of Australia gained 0.8%, National Australia Bank advanced 0.9” and Westpac was higher by 0.4%

Australia's Origin Energy gained 2.4%, Woodside Petroleum advanced 0.7% and Santos rose 1.1%

The Australian dollar traded at $0.7249 U.S. after rising from levels around $0.72 in the previous session.

CHINA

Stocks in China were mostly negative on Thursday as investors remained cautious.

In Shanghai, the CSI 300 slid 12.06 points, or 0.4%, to 3,214.43

China's markets have been closely watched by investors as a result of the ongoing trade spat between Beijing and Washington, with an anticipated meeting between Presidents Xi Jinping and Donald Trump at the upcoming G-20 meeting in Buenos Aires from Nov. 30 to Dec. 1.

China's oil sector was also hit to a certain extent, with China Petroleum & Chemical, also known as Sinopec, slipping 0.7% and China Oilfield Services declining by 0.1%. Petrochina, however, rose 0.3%

In other markets

In Taiwan, the Taiex index dropped 26.81 points, or 0.3%, to 9,714.71

In Korea, the Kospi index dropped 6.6 points, or 0.3%, at 2,069.05

In Singapore, the Straits Times Index inched forward 2.73 points, or 0.4%, to 3,041.38

In New Zealand, the NZX 50 recovered 30.76 points, or 0.4%, to 8,703.16

In Australia, the ASX 200 gained 48.51 points, or 0.9%, to 5,691.28