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Asian stocks rose, with the regional benchmark index headed for the longest winning streak in two months, on speculation China and the U.S. will take more measures to spur growth in the world’s two biggest economies.
Nikkei 225 8,959.96 +152.58 +1.73%
S&P/ASX 200 4,361.3 +35.51 +0.82%
Shanghai Composite 2,120.3 -0.25 -0.01%
Electronics maker Samsung Electronics Co., which gets 48 percent of its revenue in China and the Americas, rose 3 percent in Seoul.
Fanuc Corp., the world’s biggest maker of industrial robots, gained 2.2 percent after Japan’s machinery orders beat estimates in July.
China Eastern Airlines Corp., the nation’s second-largest carrier by passengers, climbed 3.5 percent in Hong Kong after announcing plans to raise $570 million.
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