Asian stocks climbed, with the Topix index set for its biggest weekly advance this month, amid easing tension in Ukraine. South Korea’s won rose, while credit risk in Japan fell and rubber dropped to the lowest since 2012. Financial markets in the U.S., U.K., Germany, Hong Kong, Singapore, Australia and New Zealand are among those that are closed for a holiday.

Nikkei 225 14,516.27 +98.74 +0.68%

S&P/ASX 200 Closed

Shanghai Composite 2,092.16 -6.73 -0.32%

Toyota Motor Corp. contributed to the Topix’s advance as the world’s biggest carmaker added 0.8 percent.

Casio Computer Co. jumped 4.6 percent on a report the consumer-electronics maker’s president said the company aims to achieve record operating profit. Volume on the index was 42 percent lower than the 30-day intraday average.

Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of chips, added 2.1 percent in Taipei after the company forecast record sales surpassing analyst estimates.