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Asian stocks rose for a fourth day, the longest winning streak in three months, as the yen neared 100 to the dollar after the Bank of Japan said it will maintain stimulus and loan growth in China topped estimates.
Nikkei 225 13,501.08 +212.95 +1.60%
S&P/ASX 200 4,999.1 +31.11 +0.63%
Shanghai Composite 2,228.48 +2.36 +0.11%
Toyota Motor Corp., the world’s largest carmaker, added 5.1 percent.
Sharp Corp. jumped 7.9 percent in Tokyo as the Nikkei newspaper reported profit at the electronics manufacturer will exceed it forecasts.
GS Engineering & Construction Corp. slumped 15 percent in Seoul after reporting an unexpected loss.
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