Tokyo — Asian stocks bounced on Wednesday, led by Chinese markets after a report showed growth in the country’s service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted.

The Shanghai Composite index added 0.45% while the blue-chip CSI300 index gained 0.5% after activity in China’s services sector expanded at the fastest pace in three months in August, according to a business survey...

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