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Asian stocks climbed Thursday after US equities snapped a two-day slide on benign inflation data that supported expectations of a Federal Reserve interest-rate cut this month.
Chinese and Japanese equities led gains in the region, with the MSCI Asia Pacific index climbing the most in a week. A gauge of Chinese shares trading in Hong Kong rallied as much as 2% while the mainland benchmark CSI 300 Index jumped nearly 1%. US stock futures edged lower.
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