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Asian stocks gain and oil prices decline after the UAE says it will exit OPEC

HONG KONG (AP) — Stocks mostly advanced in Asia on Wednesday despite losses on Wall Street, while oil prices fell after the United Arab Emirates said it would leave OPEC in a blow to the powerful oil cartel. U. S. futures edged higher. Markets in Japan were closed for a holiday. Elsewhere in Asia, South Korea’s Kospi rose 0. 3% to 6,657. 40 and the Hang Seng in Hong Kong gained 1. 4% to 26,029. 02. The Shanghai Composite index traded 0. 3% higher at 4,091. 01. Australia’s S&P/ASX 200 0 0...

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