Asian stocks rose, with the regional benchmark index headed for its highest close in eight months, after data on U.S. services and factory orders beat estimates.
Nikkei 225 9,545.16 +76.32 +0.81%
S&P/ASX 200 4,509.35 -11.05 -0.24%
Shanghai Composite 2,029.24 -2.67 -0.13%
Honda Motor Co., the Japanese carmaker that counts North America as its biggest market, gained 1.6 percent in Tokyo.
Largan Precision Co., a supplier of camera lenses for Apple Inc.’s iPhone, jumped 7 percent in Taipei after reporting sales more than doubled last month.
SC Global Developments Ltd. surged 49 percent in Singapore after its Chief Executive Officer Simon Cheong offered to buy the rest of the property developer.