Economics
Japan Stocks Swing Between Gains, Losses After BOJ Tankan
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Japan’s Topix index rose for a third day, climbing above 800 for the first time since April, after the yen weakened to a nine-month low and a gauge of Chinese manufacturing beat estimates.
Komatsu Ltd., a maker of construction equipment that has benefited from China’s building boom, added 1 percent. Sharp Corp. jumped 7.6 percent after a loan provider said it may set limits on margin trades for the television maker’s shares. Hitachi Ltd., a maker of industrial machinery, dropped 2.1 percent after a central bank survey showed Japan’s biggest manufacturers were the most pessimistic in almost three years.