Japan Stock Futures Gain as Yen Falls to 4-Month Low on Stimulus
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Japanese stock futures rose after the yen weakened to a four-month low against the dollar on speculation the Bank of Japan will expand monetary stimulus next week. Australian equities were little changed.
American Depositary Receipts of Honda Motor Co., a Japanese carmaker that counts North America as its biggest market, rose 0.6 percent from the closing price in Tokyo. Aeon Co. may be active on a report the retailer is in talks to buy Carrefour SA’s Malaysian supermarket operations. ADRs of Canon Inc., the world’s biggest camera maker, sank 4 percent after cutting its profit forecast. BHP Billiton Ltd., Australia’s top oil producer, added 0.2 percent after crude prices snapped a five-day decline.