• Asia Pacific stocks close

Market news

12 February 2014

Asia Pacific stocks close

Asian stocks rose, with the regional benchmark index extending its longest stretch of gains this year, as data from China and comments by Federal Reserve Chairman Janet Yellen boosted optimism about the world’s two biggest economies.

Nikkei 225 14,800.06 +81.72 +0.56%

S&P/ASX 200 5,310.05 +55.56 +1.06%

Shanghai Composite 2,104.77 +1.10 +0.05%

Canon Inc., the world’s biggest camera maker, rose 1.2 percent in Tokyo.

Agricultural Bank of China Ltd. climbed 2.9 percent, pacing gains among the nation’s lenders in Hong Kong as data showed growth in China’s imports and exports last month exceeded economist forecasts.

Toyota Motor Corp., the world’s largest carmaker, pared its advance to 0.3 percent after announcing saying it will recall more than half of the Prius vehicles it’s ever sold to update software.

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