Top Headlines: Asia Stocks Gain on Stimulus Hope

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June 7 (Bloomberg) -- Asian stocks advanced for a third day, extending a global rally, and oil climbed on speculation policy makers will take steps to revive the slowing economy. HTC Corp. cut its sales and profitability forecast after demand in Europe fell short of the Taiwanese smartphone maker’s own projections and a patent dispute with Apple Inc. led to a delay in U.S. shipments. The Federal Reserve said that the U.S. economy maintained a moderate pace of growth as factory output rose and the real-estate market improved. (Source: Bloomberg)


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