Asian Stocks Rise, Led by Japan Shares on Weaker Yen
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Asian stocks rose, with the Topix index climbing to a six-year high, after the yen weakened as investors weighed additional stimulus by Japan’s central bank.
Nomura Holdings Inc. surged 7.7 percent as brokerages led gains on the Topix. Toyota Motor Corp., a carmaker that gets 75 percent of sales abroad, advanced 4.7 percent, the largest contributor to the regional gauge’s advance. Samsung Electronics Co., the world’s biggest smartphone maker, lost 1.5 percent, the heaviest drag.