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Asian markets showed positive momentum on Friday following reassuring economic data from the US and a batch of mixed economic indicators from Japan. The initial jobless claims in the US and revised GDP growth figures helped alleviate concerns about a potential recession, boosting investor sentiment across the region. US jobless claims fall slightlyThe US Labour Department reported that initial jobless claims fell to 231,000 for the week, slightly above the Dow Jones estimate of 230,000 but down from the previous week’s 232,000. Additionally, the second-quarter GDP growth was revised upward to …

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