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Asian stocks rose, with the regional benchmark index extending its longest rally in more than three years, as Japanese exporters advanced after the yen touched an almost nine-month low versus the dollar.
Nikkei 225 9,742.73 +161.27 +1.68%
S&P/ASX 200 4,582.79 -1.02 -0.02%
Shanghai Composite 2,061.48 -21.25 -1.02%
Canon Inc., the world’s biggest camera maker, climbed 2.1 percent in Tokyo as the weaker yen boosted the outlook for exporters.
Mitsubishi UFJ Financial Group Inc. rose 1.1 percent as Japan’s No. 1 lender is poised to announce the purchase of Bank of America Corp.’s stake in their Japanese private banking venture.
Chimei Innolux Corp., Taiwan’s largest maker of liquid- crystal displays, jumped 6.9 percent on a report it will return to profit next year as sales increase.
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