Asian shares shrug off Wall St rout as Chinese factory activity weakens

Asian shares were higher on Friday as investors shrugged off yet another decline on Wall Street, while an official survey showed a weakening in Chinese factory activity. Tokyo’s Nikkei 225 added 1.2 percent to 38,119.96 as reports circulated of plans for major investments by government-backed pension funds and other big institutional investors. The Nikkei financial
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