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Asian Stocks Advance on Greek Debt Talk Progress, Toyota Profit Forecast

Asian stocks rose for a third day as Greece’s government edged closer to securing a bailout package and Toyota Motor Corp. raised its profit forecast.

The MSCI Asia Pacific Index climbed 0.4 percent to 125.44 as of 9:06 a.m. in Tokyo. Japan’s Nikkei 225 Stock Average gained 0.6 percent, while the broader Topix Index advanced 0.7 percent. Australia’s S&P/ASX 200 Index increased 0.1 percent.

To contact the reporter on this story: Sarah Jones in Sydney at sjones35@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net

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