Asian stocks rose the most in two weeks
as Japanese exporters advanced after the yen weakened overnight and
higher sales of new homes in the U.S. added to recovery
signs.
Nikkei 225 13,843.46 +313.81 +2.32%
S&P/ASX 200 5,102.4 +86.17 +1.72%
Shanghai Composite 2,217.56 +33.02 +1.51%
Nissan Motor Co., a Japanese carmaker that gets 79 percent of sales overseas, climbed 2.3 percent.
Huaneng Power International Inc. jumped 4.8 percent in Hong Kong, heading for a five-year high, as the Chinese electricity producer reported profit more than doubled.
Siam Makro Pcl surged 11 percent, heading for record close, after Billionaire Dhanin Chearavanont's CP All Pcl offered to pay $6.6 billion for Thailand's biggest discount store chain.