Asian stocks rose, with the regional equities gauge on course to rebound from its biggest drop in two weeks, as a weakening yen pushed Japan’s Topix index to a seven-week high and industrial companies advanced.
Nikkei 225 14,472.9 +363.56 +2.58%
Hang Seng 20,690.13 +107.94 +0.52%
S&P/ASX 200 4,881.65 +72.12 +1.50%
Shanghai Composite 1,965.45 +7.18 +0.37%
Toyota Motor Corp., which gets 75 percent of its auto sales outside Japan, gained 2.6 percent.
BHP Billiton Ltd., the world’s largest mining company, advanced 2.1 percent in Sydney as metals prices climbed.
Olympus Corp. sank 5.4 percent in Tokyo after the biggest endoscope maker said it plans to sell as much as 118 billion yen ($1.2 billion) of shares.