(MENAFN– ecpulse)
Asian stocks rose for the third straight day with the regional benchmark index near its highest level in two weeks, after the recent added details for China’s reform plan, which calls for broadest expansion freedoms since 1990.
Moreover, The MSCI Asia Pacific Index added 0.7 percent to 142.58. China Mengniu Dairy Co., a maker of milk products, jumped 5.5% after policy makers pledged to relax the nation’s one-child policy. Chorus Ltd. dropped 4.5% after the operator of New Zealand’s telephone network withdrew its dividend guidance. Dwango Co. soared by the daily limit in Tokyo for a second day after saying Nintendo Co. bought a stake in the company that provides content through mobile phones.
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