 Asian stocks advanced 
for the first time in three days as investors weighed the minutes of the
 Federal Reserve’s last meeting and awaited China manufacturing data.
Asian stocks advanced 
for the first time in three days as investors weighed the minutes of the
 Federal Reserve’s last meeting and awaited China manufacturing data.
The MSCI Asia Pacific 
Index rose 0.1 percent to 153.02 as of 9:02 a.m. in Tokyo. The Fed 
minutes reinforced the view that interest rates will probably be boosted
 in the second half of this year. China factory activity may show 
improvement this month, preliminary estimates from HSBC Holdings Plc and
 Markit Economics due today are expected to show, according to 
economists surveyed by Bloomberg.
Japan’s Topix index 
added 0.3 percent. South Korea’s Kospi index was little changed. 
Australia’s S&P/ASX 200 Index gained 0.2 percent, while New 
Zealand’s NZX 50 Index lost 0.2 percent. Markets in China and Hong Kong 
have yet to open.
China’s CSI 300 Index 
technology gauge on Wednesday jumped 1.5 percent to a record on a Xinhua
 News Agency report that the government will boost incentives for 
industries including information technology and robotics.
E-mini futures on the 
Standard & Poor’s 500 Index fell 0.2 percent. The underlying gauge 
lost 0.1 percent on Wednesday amid a selloff in airlines.
Source: Bloomberg

 
 
 
 










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