Economics
Asia Stocks Rise Toward Six-Year High as Hong Kong Gains
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Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth.
Aluminum Corp. of China Ltd., the nation’s biggest producer of the metal, jumped 7.4 percent as mainland stocks listed in Hong Kong led gains. All 10 industry groups on the regional gauge rose. Kangwon Land Inc., a South Korean casino company and hotel services provider, surged 4.2 percent. Oriental Land Co. slipped 1.6 percent after the Nikkei reported profit at the operator of Tokyo’s Disney resort will fall.