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Asian stocks rose, with the regional benchmark index rebounding from a five-month low, as concern eased that Greece may exit the euro, outweighing a report that profit growth slowed at China’s industrial companies.
Nikkei 225 8,593.15 +12.76 +0.15%
S&P/ASX 200 4,068 +38.75 +0.96%
Shanghai Composite 2,354.65 +21.09 +0.90%
Nintendo Co., a Japanese maker of game consoles that depends on Europe for a third of its sales, climbed 2.6 percent in Osaka.
Esprit Holdings Ltd., a retailer that gets 79 percent of sales in the debt-stricken region, advanced 2.1 percent.
Renesas Electronics Corp., the world’s biggest maker of microcontrollers for cars, sank 11 percent after a person briefed on the matter said it plans to raise 100 billion yen ($1.3 billion) and eliminate more than 10,000 jobs.
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