Asian Stocks Rise as Japanese Exporters Rally on Weak Yen

Asian stocks rose for a second day, led by Japanese exporters as the yen slid toward a four-year low against the dollar after the Bank of Japan’s stimulus policies were unopposed at a Group of 20 meeting.

Nissan Motor Co., a Japanese carmaker that gets 79 percent of sales overseas, climbed 2.6 percent. China Unicom Hong Kong Ltd., the nation’s second-largest wireless carrier, jumped 4.3 percent after increasing its third-generation mobile subscribers. PICC Property and Casualty Co., China’s biggest non-life insurer, slipped 2.3 percent in Hong Kong after an earthquake struck the southwestern Chinese province of Sichuan at the weekend.