Asian Stocks Rise for Fourth Day on Greece Vote, U.S. Economy

Asian stocks rose, sending the regional benchmark index to its longest winning-streak since February, on optimism Greece will avoid default and after U.S. manufacturing unexpectedly expanded at a faster pace in June, lessening risk for bank earnings and exports.

Mitsubishi UFJ Financial Group Inc., Japan’s largest publicly traded bank, rose 2.1 percent in Tokyo. Samsung Electronics Co., an electronics maker that gets about 42 percent of sales from the U.S. and Europe, increased 3.5 percent in Seoul. Fanuc Corp., Japan’s biggest maker of industrial robots, jumped 5.5 percent after a report showed a surge in orders.