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Asian stocks rose, with a regional benchmark index heading for its highest close in a week, as reports on U.S. jobs and service industries beat expectations, easing concern the world’s biggest economy is slowing. The European Central Bank and the Bank of England also hold policy meetings today, after the Reserve Bank of Australia unexpectedly cut interest rates on Oct. 2.
Nikkei 225 8,824.59 +77.72 +0.89%
S&P/ASX 200 4,452.4 +13.84 +0.31%
Shanghai Composite 2,086.17 +29.85 +1.45%
Toyota Motor Corp., the world’s largest carmaker by market value, climbed 3 percent in Tokyo.
Fisher & Paykel Appliances Holdings Ltd. advanced 3.7 percent in Wellington after directors of the refrigerator maker rejected a bid from China’s Haier Corp., saying it is too low.
Woodside Petroleum Ltd., Australia’s second-biggest oil producer, slid 1 percent in Sydney as oil traded near a two-month low.
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