Asian Stocks Rise Outside Japan on U.S. Employment Data

Asian stocks outside Japan rose after better-than-estimated U.S. jobs data added to signs that the world’s largest economy is recovering, boosting the earnings prospects for exporters.

CSL Ltd., a maker of blood-derived therapies that gets about 38 percent of sales in the U.S., gained 3.5 percent in Sydney. Cnooc Ltd., China’s largest offshore energy explorer, added 2.1 percent in Hong Kong as crude oil traded near a 14-month high. Dentsu Inc., a Japanese advertising company that bought Aegis Group Plc, sank 9.2 percent after saying it will raise as much as 120.1 billion yen ($1.2 billion) selling shares to help pay for the deal.