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STI misses out on Asia's post-trade deal party

Taiwan's Taiex advances 157.24 points or 1.3% to 12,097.01 - the first time it has closed above 12,000 since 1990

ASIAN benchmarks - with the exception of Singapore's Straits Times Index (STI) - picked up where Wall Street's rally left off after a US-China interim trade deal was confirmed last Friday.

Equity markets are also being lifted by better-than-expected Chinese factory and retail sales data,...