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Asia Stocks Rise as Europe Policy Makers Pledge Low Rates

Asian stocks rose, with the regional index on course for a second week of gains, as European policy makers signaled they will keep interest rates low for longer.

Komatsu Ltd., a maker of construction and mining equipment that gets 80 percent of sales offshore, gained 2.4 percent in Tokyo. BHP Billiton Ltd., the world’s biggest miner, climbed 1.2 percent in Sydney, leading an advance among resource companies. Samsung Electronics Co. sank 3.8 percent in Seoul after the world’s largest television maker missed estimates for second-quarter earnings.