12-08-2016 05:23 via news.yahoo.com

Asia rises on Wall Street's record highs, China data misses forecasts

By Nichola Saminather and Shinichi Saoshiro SINGAPORE/TOKYO (Reuters) - Asian stocks inched up on Friday, after a surge in oil prices helped propel Wall Street to record highs overnight, while Chinese economic indicators that missed expectations did not dent gains in mainland shares. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.2 percent. Both China's CSI300 index and the Shanghai Composite rose about 0.5 percent after fixed asset investment, retail sales and industrial
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