Asia stocks at one-year high as soft U.S. data quells Fed hike talk

The dollar took a tumble and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services sector activity put paid to already slim chances of an interest rate hike by the Federal Reserve as early as this month. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, extending its chunky gains of 2.7 percent over the last two days. Japan's Nikkei slid 1.0 percent, however, as the yen gained sharply versus the dollar, putting more pressure on exporter