SINGAPORE — Asian stocks swung between gain and loss on Monday as investors struggled to reach a consensus view on China's broad economic stimulus promises made over the weekend which were light on specifics.Minister of Finance Lan Foan, at a closely watched news conference on Saturday, pledged to 'significantly increase' debt but left investors guessing on the overall size of the stimulus, a detail needed to gauge the longevity of a stock market rally.
Also in a blow to China's growth outlook, consumer inflation unexpectedly eased in September while producer price deflation deepened, data on Sunday showed.Reflecting the lingering concerns over the Chinese economy, the onshore yuan slipped 0.12 percent to 7.0750 per US dollar, while its offshore counterpart fell 0.18 percent to 7.0830 per dollar.Oil prices also slid on Monday owing to worries about waning Chinese demand for the commodity.Brent crude futures were last down 1.