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Asian stocks climbed, with China shares set for the biggest three-day gain in a year, amid speculation that policy makers may act to spur growth in the world's second-largest economy.
Nikkei 225 8,422 +31.91 +0.38%
Hang Seng 19,004 +138.56 +0.73%
S&P/ASX 200 4,152 +46.79 +1.14%
Shanghai Composite 2,286 +59.85 +2.69%
Honda increased 1.4 percent to 2,488 yen. Hyundai Motor Co. (005380), South Korea’s largest automaker, advanced 2.3 percent to 226,500 won in Seoul. Samsung Electronics Co., the world’s second- biggest maker of mobile phones by sales, added 1 percent to 1.026 million won.
Olympus Corp. (7733) surged 20 percent to 1,263 yen after the Nikkei reported the scandal-hit camera maker will likely retain its listing on the Tokyo Stock Exchange and as the company took legal action against executives over a $1.7 billion accounting fraud.
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