Asian stocks held firm on Wednesday as a sharp rebound in oil prices supported battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting.
MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.2 percent, led by a 0.4 percent rise in South Korea. Japan’s Nikkei was almost flat ahead of the Bank of Japan policy announcement later in the day.
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