Japanese Stocks Advance on Greece Debt Deal, Easing Bets

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 Japanese stocks rose a fourth day after euro-zone finance ministers agreed to ease Greece’s debt burden and Japan’s opposition leader called for bold monetary easing to weaken the yen.

Shimano Inc., a maker of bicycle parts that depends on Europe for 36 percent of its sales, gained 0.9 percent in Osaka. Sumitomo Mitsui Financial Group Inc., Japan’s second-biggest lender by market value, paced gains among banks. TDK Corp., a maker of electronic components that depends on China for 27 percent of its sales, rose 0.5 percent after mainland industrial profit growth accelerated in October.