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China markets remain closed for Lunar New Year holiday

SINGAPORE — Stocks in Asia-Pacific rose in Tuesday morning trade as markets in mainland China remain closed for the Lunar New Year holiday.

In Japan, the Nikkei 225 advanced 0.74% in early trade while the Topix index gained 0.43%. South Korea’s Kospi edged 0.52% higher.

Stocks in Australia also rose, with the S&P/ASX 200 up 0.46%.

MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.1% higher.

Minutes from the Reserve Bank of Australia’s February monetary policy meeting are expected to be out at around 8:30 a.m. HK/SIN on Tuesday.

Markets stateside were closed on Monday for a holiday.

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