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Asian stocks rose for a sixth day, the longest streak of gains in nine months, as shipping lines surged and the Federal Reserve said it saw a moderate recovery in the world’s biggest economy.
Nikkei 225 14,064.82 +10.95 +0.08%
Hang Seng Closed 22,596.63 +270.41 +1.21%
S&P/ASX 200 5,142.51 -19.12 -0.37%
Shanghai Composite 2,122.43 -5.19 -0.24%
Honda Motor Co. led Japanese carmakers higher, advancing 2.3 percent after Asia-based auto manufacturers recorded their best-ever month for U.S. sales.
Shippers gained from Hong Kong to Tokyo as a measure of freight prices reached its highest in 21 months.
BHP Billiton Ltd., the world’s largest mining company, sank 0.7 percent after metals fell yesterday in London for the sixth time in seven days.
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