Asian stocks rose, with the regional benchmark index snapping a three-day losing streak, after Japan’s economy shrank less than the government initially estimated, U.S. employers increasing hiring and more investors joined a Greek debt swap.
Nikkei 225 9,768.96 +192.90 +2.01%
Hang Seng 20,900.73 +272.95 +1.32%
S&P/ASX 200 4,171.04 +27.38 +0.66%
Shanghai Composite 2,420.28 +25.48 +1.06%
Toyota Motor Corp., Asia’s biggest carmaker by market value, rose 2.6 percent.
Esprit Holdings Ltd., a clothier that counts Europe as its biggest market, added 4.5 percent in Hong Kong.
Mitsubishi UFJ Financial Group Inc., Japan’s top lender, advanced 2.7 percent after U.S. banks gained on a report the Federal Reserve is considering a new type of bond-purchase program.
LG Innotek Co. paced gains among suppliers to Apple Inc., which yesterday introduced a new iPad.
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