Asian stocks near one and a half year lows on China data; dollar steady

August 10, 2015 5:27 AM

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Asian stocks near one and a half year lows on China data; dollar steady

HONG KONG Asian shares edged higher but held near 1-1/2 year lows while commodity currencies such as the Malaysian ringgit weakened further on Monday after Chinese data highlighted a deepening slowdown in demand in the world's industrial powerhouse.

China's stock markets bucked broad cautiousness in Asian equities with major indices up between 2 and 4 percent on investor expectations of yet another round of policy stimulus.

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