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Asia Mostly Up As U.S. Shutdown Ends

Asia-Pacific shares mostly rose Thursday after U.S. President Donald Trump signed a funding bill into law, effectively ending the longest federal government shutdown in U.S. history.

In Japan, the Nikkei 225 gained 218.52 points, or 0.4%, to 51,281.83.

Shares of SoftBank Group continued to fall for a second consecutive day, plunging 3.38%, after the Japanese giant said Tuesday it sold its entire $5.8 billion stake in Nvidia in October, to fund its OpenAI bet.

In Hong Kong, the Hang Seng acquired 150.3 points, or 0.6%, to 27,073.03.

Australian markets slipped, after the seasonally adjusted October unemployment rate eased to 4.3%, government jobs data showed Thursday.
The latest reading was better than the 4.4% figure expected by Reuters-polled economists and compared with 4.5% in September.

The better-than-expected decline in October lowers expectations for a rate cut. The Australian dollar rose to 0.6556 against the greenback.

In other markets

The CSI 300 in Shanghai recovered 56.17 points, or 1.2%, to 4,702.07.

In Korea, the Kospi took on 44 points, or 1.1%, to 4,150.39

In Singapore, the Straits Times Index added seven points, or 0.2%, to 4,575.91

In Taiwan, the Taiex gave back 43.53 points, or 0.2%, to 27,903.56

In Australia, the ASX 200 dipped 46.18 points, or 0.5%, to 8,753.35

In New Zealand, the NZX 50 retreated 73.86 points, or 0.5%, to 13,597.87.