Asian Shares Mixed As Investors After China Meeting

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Asian stocks were mixed as a four-day meeting of top government leaders concluded in China.

China's top policy makers affirmed that markets must play a decisive role in the allocation of economic resources, as the central committee of the Communist Party of China concluded its first plenary session under the presidency of Xi Jinping, the official Xinhua News Agency reported.

Around the region, Australia's business confidence declined to +5 points from +12 points in September, according to National Australia Bank's monthly business survey. Business conditions stayed at a weak -4 points.

In ADRs, Sony ( SNE ) xxx after Kim Eng Securities cited the company as saying supplies of its new PlayStation4 videogame console were sufficient for the holiday season, and that it expects to sell some 3 million units by the end of this year, Marketwatch.com reports.

News Corp ( NWSA ) slips after missing earnings expectations.

The Nikkei ended up 2.23% at 14,588.68, the Hang Seng down 0.73% at 22,901.41 and Shanghai up 0.82% at 2,126.77.



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This article appears in: Investing , Commodities

Referenced Stocks: NWSA , SNE

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