Asia's equities increase as World Bank shows global outlook

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Source: Reuters
The majority of Asian stocks increased on Wednesday after the World Bank revealed its global economic outlook and as a government report showed that consumer spending in the U.S. improved notably pushing the U.S. Dollar higher. The MSCI Asia-Pacific gauge outside Japan added 0.1%, while the Singapore index gained 0.6% and Taiwan benchmark gauge rose also 0.6%.

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