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Asian stocks rose, with the regional benchmark rebounding from a five-week low, as data showing improvement in U.S. factory output boosted optimism for the world’s biggest economy.
Nikkei 225 14,411.27 +133.60 +0.94%
S&P/ASX 200 5,344.56 +27.00 +0.51%
Shanghai Composite 2,025.2 +1.52 +0.08%
LG Electronics Inc., the world’s second-biggest maker of televisions, added 4.2 percent in Seoul.
Lippo Ltd., founded by Indonesian tycoon Mochtar Riady, surged by a record in Hong Kong after South Korea approved a proposal by the company and Las Vegas-based partner Caesars Entertainment Corp. to build a casino.
Tencent Holdings Ltd., Asia’s biggest Internet company, jumped 5.8 percent, snapping a four-day decline, before releasing earnings tomorrow.
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