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A gauge of Asian stocks outside Japan rose, heading for its biggest advance since November, before Federal Reserve Chairman Janet Yellen delivers her first testimony on monetary policy.
Nikkei 225 Closed
S&P/ASX 200 5,254.5 +32.35 +0.62%
Shanghai Composite 2,103.67 +17.60 +0.84%
Zijin Mining Group Co., China’s biggest gold producer, jumped 8.1 percent in Hong Kong as the bullion’s price headed for the longest rally since August.
Australia & New Zealand Banking Group Ltd., Australia’s third-largest bank by market value, added 2.2 percent after posting a 13 percent jump in first-quarter cash profit.
Tata Motors Ltd. climbed 2.3 percent in Mumbai, rising for a sixth day, after India’s biggest automaker posted quarterly profit that beat analyst estimates.
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