Asia stocks fall amid Ukraine tension, China economy data

Bloomberg - Asian stocks fell amid escalating geopolitical tension over Ukraine and after an official gauge of Chinese manufacturing dropped to an eight-month low.

The MSCI Asia Pacific Index slid 0.4 percent to 137.30 as of 9:01 a.m. in Tokyo, before markets open in China and Hong Kong. Futures on the Standard & Poor’s 500 Index lost as much as 0.9 percent, the biggest decline in a month, after the equity gauge rose to a record at the end of February.

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