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Asian Stocks Rally for Sixth Week on Japan and China Bets

Asian shares rose for a sixth week, the longest winning streak since March, as investors bet governments in Japan and China will do more to spur growth.

Japan’s benchmark indexes capped their best annual advance since 2005 as exporters gained while the yen fell to a more-than-two year low against the dollar on prospects for more stimulus. Mazda Motor Corp., an automaker that gets 28 percent of its sales in North America, advanced 18 percent in Tokyo this week. Chinese consumer companies rallied, led by department store owner Dashang Group Co. amid speculation China may introduce measures to boost consumption. Tokyo Electric Power Co. slid 8 percent this week after being sued by eight U.S. sailors for radiation exposure.