Thu, 21 Aug 2014 08:34:05 GMT
Asian shares decline as China's manufacturing disappoints
The Asian MSCI Index
was lower on Wednesday, which was its first fall in nine days. The
Index lost 0.7% and was trading at 509.25. This was mainly attributed
to the dreary outlook for the Chinese manufacturing sector as HSBC's
PMI fell to 50.3 in August from 51.7 in July. Nevertheless, the gauge
did still close above its six-year high.