Asia shares set to record first monthly drop since August

Asia's equities recorded a slight increase on Friday, however, the benchmark index for Asian shares was set to record its first lost in a month since August after the Australian government didn't accept a bid for of GrainCorp Ltd. takeover by foreign investor. The MSCI Asia Pacific Index added 0.1% to 142.01 as of 9:05 p.m. Hong Kong time.