Japanese Stocks Rise as Yen Drops on Yellen, Energy Shares Rally

  • Yellen says U.S. economy firm, doesn’t mention hike timing
  • Crude’s Monday advance sends energy shares up, airlines down

Japanese stocks rose as energy shares rallied on higher oil prices and the yen weakened after Federal Reserve Chair Janet Yellen said the U.S. economy is on a firm footing and rate increases will be gradual.

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