Asian Stocks Climb After U.S. Rally on Employment Report
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Asian stocks rose, with the regional benchmark index posting its longest stretch of gains this year, after jobs data spurred the biggest two-day rally for U.S. equities since October.
Toyota Motor Corp., the world’s biggest carmaker, climbed 1.6 percent to pace gains among Japanese exporters. Rio Tinto Group, the world’s second-largest mining company, advanced 1.6 percent in Sydney. Genting Singapore Plc and partner Landing International Development Ltd. rose after announcing plans to build a casino on South Korea’s Jeju island.