Stocks in Asia largely reversed earlier declines triggered by China weakening the yuan’s daily fixing by the most in more than two years. The shift came after a sudden paring in the yuan’s drop, which spurred speculation of some type of intervention. Shares in China, Hong Kong and South Korea recouped losses, while Australian shares rose. Japanese stocks were lower at the lunch break. The offshore yuan pared some of the slide that pushed it to its weakest in more than a year against the dollar. Futures on the S&P 500 Index were lower, after U.S. stocks saw moderate losses Thursday. Treasuries were little changed. ... (full story)