Asian Stocks Outside Japan Gain; Nikkei 225 Falls on Yen

Asian stocks outside Japan climbed as Samsung Electronics Co. rebounded from a one-month low. The Nikkei 225 Stock Average dropped for a second day as the yen gained after the Bank of Japan said it will wait until next year to start open-ended asset purchases in pursuit of a 2 percent inflation target.

Samsung Electronics, the first South Korean company to be worth more than $200 billion, rose 1.8 percent, erasing yesterday’s decline when it fell to its lowest since Dec. 21. China Merchants Holdings International Co., a container port operator, jumped 8.8 percent after a report that the government of Shenzhen is reviewing the use of land the company co-owns. Honda Motor Co., a Japanese carmaker that gets about 81 percent of sales overseas, dropped 2.3 percent as a stronger yen weighed on the outlook for export earnings.