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Asia Stocks Set for Best Monthly Gain Since Sept. 2010

Asian stocks are headed for the biggest monthly gain since September 2010 after U.S. jobless claims unexpectedly fell and Japan’s inflation accelerated to the fastest pace since 2008.

Taiwan Semiconductor Manufacturing Co.,the world’s largest contract manufacturer of chips, rose 1.5 percent to NT$103. Tokyo Electric Power Co. gained 6.6 percent as the operator of the crippled Fukushima Dai-Ichi nuclear station applied for safety checks to restart a plant in Niigata. Mirabela Nickel Ltd. slumped 59 percent after the Australian producer of the metal said it may miss its output forecast.