Asia stocks up as China PMI, US data help cap strong quarter despite virus woes


Asian markets got an early boost after an official survey on China's vast factory sector showed activity quickened last month, defying expectations for a modest slowdown.

TOKYO/NEW YORK/HONG KONG: Asian shares advanced on Tuesday as positive economic data from China and the United States helped to close out a strong quarter, though a renewed surge in global coronavirus cases underlined a challenging investment climate.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.51%, on course for its highest quarterly gain in nearly 11 years.

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