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Asian stocks rose, with the regional benchmark index extending a five-month high, amid speculation the Federal Reserve will delay stimulus cuts.
Nikkei 225 14,693.57 +132.03 +0.91%
Hang Seng 23,379.42 +39.32 +0.17%
S&P/ASX 200 5,351.8 +30.33 +0.57%
Shanghai Composite 2,229.24 +35.46 +1.62%
Canon Inc., the world’s biggest camera maker, gained 1.4 percent as a weaker yen boosted the earnings outlook for Japanese exporters.
Tencent Holdings Inc. jumped to a record in Hong Kong, pacing gains among Internet companies after industry bellwether Google Inc.’s ad sales topped estimates.
Qantas Airways Ltd. slipped 5.6 percent, falling a second day after Australia’s largest carrier said last week it expects the lowest yields for passenger flights in more than a decade.