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5/17, 6:16 AM (Source: TeleTrader)
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Asia trades higher despite inflation worries

Most major stock market indexes in Asia traded higher on Tuesday with investors' concerns about short-lived inflation subsiding, despite negative cues from Wall Street, where stock market participants remain worried about rising energy stocks.

Japan's Nikkei 225 went up by 0.31% at 6:13 am CET. The dollar traded 0.13% lower against the yen, going for ¥129.3220 at the same time, with the Australian S&P/ASX 200 rising by 0..20% a minute later. At 6:05 am CET, Hong Kong's Hang Seng surged by 2.23%, which is over 445 points, as South Korea's Kospi added 0.87%.

In mainland China, the Shanghai Composite traded 0.29% higher at 4:30 am CET, with the Shenzhen Composite adding 0.73% at 6:05 am CET.

Baha Breaking News (BBN) / NL