Asian stocks rose, with the regional benchmark index extending its winning streak to a sixth day, after an increase in U.S. manufacturing boosted optimism about growth in the world’s biggest economy.
Nikkei 225 14,946.32 +154.33 +1.04%
S&P/ASX 200 5,403.3 +14.13 +0.26%
Shanghai Composite 2,053.65 +6.19 +0.30%
Nissan Motor Co., a Japanese carmaker that gets 34 percent of its revenue in North America, added 2.1 percent.
Renesas Electronics Corp. soared 9.3 percent in Tokyo on a report Apple Inc. is seeking to buy a stake in a unit that designs chips for liquid-crystal displays used in smartphones.
Noble Group Ltd. advanced 3.8 percent in Singapore after Cofco Corp. agreed to buy 51 percent of Noble’s agricultural trading unit.