Asian stocks in red on disappointing Chinese factory data

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Source: CNBC
Equity markets in Asia fell on Tuesday, following the disappointing manufacturing data from the world's second biggest economy that fuelled concerns about growth in China and its neighbouring economies. China's official manufacturing PMI for August fell to 49.7, from 50.0 in July. The Shanghai Composite Index dropped 1.28%, the Japanese Nikkei Index closed 3.84% lower, while the Australian S&P ASX fell 2.12 and Hong Kong's Hang Seng closed 2.30% down. 
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Tue, 01 Sep 2015 09:52:11 GMT

Oil erases gains after rally

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