Economics
Most Asian Stocks Advance as Investors Weigh China PMI
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Most Asian stocks rose, after the regional benchmark index capped its first monthly drop since April, as investors weighed whether Chinese policy makers will add stimulus after reports showing slower manufacturing growth.
The MSCI Asia Pacific Index added 0.2 percent to 148.20 as of 4:08 p.m. in Hong Kong, with three shares advancing for every two that fell. The gauge dropped 0.6 percent in August. European Union governments agreed to impose new sanctions on Russia if the Ukraine conflict worsens. China manufacturing gauges missed estimates, suggesting Asia’s biggest economy is losing momentum.