Asia's benchmark stock index is poised for a second weekly advance after Japan's Topix Index closed at the highest level since 2008 as leasing companies rallied on a report Prime Minister Shinzo Abe will encourage the practice to revive capital spending.

Nikkei 225 15,138.12 +100.88 +0.67%

S&P/ASX 200 5,180.77 +15.11 +0.29%

Shanghai Composite 2,282.87 +31.06 +1.38%

Orix Corp., which provides leasing and loans, jumped 9.2 percent in Tokyo.

Mizuno Corp. surged 18 percent after the Japanese sportswear company more than doubled its net-income forecast.

Singapore Airlines Ltd. dropped 4 percent after posting a wider operating loss.