Japan Stock Futures Rise Before China Manufacturing PMI
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Japanese stock futures rose as the yen weakened against the dollar for a third day and investors awaited a report that may show an expansion in Chinese manufacturing. Australian shares climbed.
American Depositary Receipts of Nomura Holdings Inc., Japan’s biggest brokerage, declined 0.5 percent as net income fell short of analysts’ estimates. Those of Kyocera Corp. slid 2.3 percent as the Japanese electronics maker reduced its profit forecast. ADRs of Honda Motor Co. declined 1.3 percent as third quarter operating profit at the carmaker missed estimates.