Japanese Stocks Advance Most in 3 Weeks as Papandreou Wins Vote
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Japanese stocks rose the most in three weeks after Greek Prime Minister George Papandreou won a parliamentary confidence vote that moved the country one step further from default.
Sony Corp., which gets more than 20 percent of its sales in Europe, climbed 3.7 percent. Toyota Motor Corp. gained 1.1 percent after Deutsche Bank AG. raised its profit estimate for the world’s biggest carmaker. Oji Paper Co. jumped 3.5 percent after Daiwa Securities Capital Markets Co. raised its rating on Japan’s largest papermaker to “outperform,” citing improving profits at the company’s cardboard business.