Asian Stocks Stable After Turbulent Week; Singapore Air Slips
- Jakarta stocks rally as S&P upgrades Indonesia one level
- Topix gains while S&P/ASX 200 caps worst week since November
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Asian stocks ended a tumultuous week on a calm note with most markets advancing after the biggest decline in eight weeks.
The MSCI Asia-Pacific Index rose, with Japanese stocks climbing even as the yen strengthened against the dollar. Shares in mainland China were flat, while those in Hong Kong rose. Australia’s ASX 200 dropped a third consecutive day, set for its worst week in more than six months.