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Asia stocks eke out gains on China hopes, oil eases

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HONG KONG (Reuters) – Most Asian stock markets edged higher on Thursday on hopes of a steady economic revival in China although oil gave back some of the previous session’s strong gains as investors took some money off the table and braced for more U. S. budget battles. The MSCI Asia Pacific ex-Japan index of stocks was up 0. 3 percent following Wednesday’s 2 percent jump on relief that U. S. politicians had averted the "fiscal cliff". Japan’s Nikkei 225 rose 0. 7 percent. . . .

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