Economics

Asian Stocks Advance Second Day as Syrian Concern Eases

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Asian stocks rose, with the benchmark index gaining a second day, on receding prospects for an imminent strike against Syria. Energy shares retreated as oil extended losses.

Hokkaido Electric Power Co. added 3.5 percent in Tokyo to lead utilities higher after forecasting a narrower loss. Inpex Corp., Japan’s No. 1 energy explorer, dropped 2 percent. Ping An Insurance (Group) Co., China’s second-largest insurer, gained