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Asian stocks rose, with the regional benchmark index trading near a three-month high, on speculation central banks from the U.S. to China will take steps to boost growth and after companies including Chimei Innolux Corp. beat estimates.
Nikkei 225 8,881.16 +77.85 +0.88%
S&P/ASX 200 4,312.56 +21.00 +0.49%
Shanghai Composite 2,160.99 +3.37 +0.16%
Kawasaki Kisen Kaisha Ltd. paced gains among Japanese shipping lines, rising 3.6 percent, before a report tomorrow expected to show inflation slowing in China, making room for policy easing in the world’s biggest commodities market.
Sumco Corp. and other chip-related companies advanced after Goldman Sachs Group Inc. boosted its outlook for the U.S. semiconductor industry.
Chimei Innolux gained 7 percent in Taiwan after the display maker reported a smaller-than-expected loss.
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